The Income-tax Act, 2025 Section 447 Penalty for failure to furnish report under section 172 Chapter XXI · Penalties Amendments 1 Omitted by the Finance Act, 2026 (4 of 2026), s. 102 (w.e.f. 1-4-2026). 447. [Penalty for failure to furnish report under section 172.] Omitted by the Finance Act, 2026 (4 of 2026), s. 102 (w.e.f. 1-4-2026). Copy linkWhatsAppEmailShare