Penalty for failure to collect tax at source
(1)
If any person fails to collect the whole or in part, the tax as required under Chapter XIX-B, the Assessing Officer may impose on him, a penalty equal to the tax which such person failed to collect.
Chapters23
- ¶Chapter 21 overview
- 439Penalty for under-reporting and misreporting of income
- 440Immunity from imposition of penalty, etc
- 441Failure to keep, maintain or retain books of account, documents, etc
- 442Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions
- 443Penalty in respect of certain income
- 444Penalty for false entry, etc., in books of account
- 445Benefits to related persons
- 446Failure to get accounts audited
- 447Penalty for failure to furnish report under section 172
- 448Penalty for failure to deduct tax at source
- 449Penalty for failure to collect tax at source
- 450Penalty for failure to comply with the provisions of section 185
- 451Penalty for failure to comply with provisions of section 186
- 452Penalty for failure to comply with provisions of section 187
- 453Penalty for failure to comply with provisions of section 188
- 454Penalty for failure to furnish statement of financial transaction or reportable account
- 455Penalty for furnishing inaccurate statement of financial transaction or reportable account
- 456Penalty for failure to furnish statement or information or document by an eligible investment fund
- 457Penalty for failure to furnish information or document under section 171
- 458Penalty for failure to furnish information or document under section 506
- 459Penalty for failure to furnish report or for furnishing inaccurate report under section 511
- 460Penalty for failure to submit statement under section 505
- 461Penalty for failure to furnish statements, etc
- 462Penalty for failure to furnish information or furnishing inaccurate information under section 397(3)(d)
- 463Penalty for furnishing incorrect information in reports or certificates
- 464Penalty for failure to furnish statements, etc
- 465Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc
- 466Penalty for failure to comply with the provisions of section 254
- 467Penalty for failure to comply with the provisions of section 262
- 468Penalty for failure to comply with the provisions of section 397(1)
- 469Power to reduce or waive penalty, etc., in certain cases
- 470Penalty not to be imposed in certain cases
- 471Procedure
- 472Bar of limitation for imposing penalties
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