TaxationaryHomeReview

2025Section 486

486. Punishment not to be imposed in certain cases.

In the 1961 Act1 match · Unreviewed

From the Income Tax Department's correspondence.

No person shall be punishable for any failure referred to in section 476 or 477, irrespective of anything contained in that section, if he proves that there was reasonable cause for such failure.

Income-tax Act, 2025: text as on 25 August 2026 · Official source ↗ ·