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Income-tax Act Section 466
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The Income-tax Act, 2025

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

Chapter
XXI · Penalties
Amendments
1
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 ₹1000Substituted by Finance Act, 2026, s. 104, dated 30th March, 2026, with effect from 1 April 2026. Earlier read: "1000"25000 on him.

Amendments to this section

  1. 1 Substituted by Finance Act, 2026, s. 104, for "1000" (w.e.f. 1 April 2026).

All amendments to the Income-tax Act