Section 452 of Income-tax Act, 2025 – Penalty for failure to comply with provisions of section 187

The Income-tax Act, 2025

Chapter-XXI Penalties

Section 452: Penalty for failure to comply with provisions of section 187.

452. The Assessing Officer may impose on a person, a penalty of ₹5000 for every day of the duration of failure where he fails to provide a facility for accepting payments through the prescribed electronic modes of payment, as referred to in section 187.

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