Income Tax Law
Income-tax Act, 2025 · CHAPTER XXI — PENALTIES
Section 462Penalty for failure to furnish information or furnishing inaccurate information under section 397(3)(d)
Income-tax Act, 2025 (30 of 2025)
If any person, who is required to furnish information under section 397(3)(d), fails to furnish such information, or furnishes inaccurate information, the Assessing Officer may impose a penalty of ₹ 100000 on such person.
This section refers to
§ 397 Compliance and reporting
Referenced by
§ 470 Penalty not to be imposed in certain cases