Section 466, Income-tax Act, 2025 — Penalty for failure to comply with the provisions of section 254

Chapter XXI · Penalties

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

Section 466 · Chapter XXI · page 552 of the Act

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 Rs. ¹³[25000] on him.

¹³ Sub. for "1000" by Act No. 4 of 2026, w.e.f. 1-4-2026.

Section 466 of The Income-tax Act, 2025 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.