Acts

447. Penalty for failure to furnish report under section 172

CHAPTER XXI

PENALTIES

Penalty for failure to furnish report under section 172

¹447. If any person fails to furnish a report from an accountant as required by section 172, the Assessing Officer may impose a penalty of ?100000on such person.

Note:

1.omitted by The Finance Bill 2026dated 01.02.2026 w.e.f. 01.04.2026

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