§466

Section 466 — Penalty for failure to comply with the provisions of section 254

Income-tax Act, 2025 (amended upto 2026) · Last amended: Finance Act, 2026, w.e.f. 01.04.2026

If a person fails to comply with the provisions of section 254, the Joint Commissioner, Deputy Director or Assistant Director or the Assessing Officer, may impose a penalty which may extend up to ^[120][Rs. 25000] on him.

Amendment history

[120] Substituted by Finance Act, 2026, w.e.f. 01.04.2026, for the followings:- "1000"