Bare ActsIncome-tax Act, 2025

Section 480

Failure to furnish return of income in search cases.--

Amendment status not verified — confirm the current text below against the official source.

If a person wilfully fails to furnish in due time the return of total income which is required to be furnished by notice given under section 294(1)(a), he shall be punishable with imprisonment for a term which shall not be less than three months but which may extend to three years and with fine.

Section 480 – Income-tax Act, 2025 | DailyLaw.ai