Section 451 of Income Tax Act, 2025 : Penalty for failure to comply with provisions of section 186.

The Assessing Officer may impose on a person, a penalty equal to the sum received by him in contravention of the provisions of section 186 except
where he proves that there were good and sufficient reasons for the said contravention.

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Advocate Shruti Goyal Advocate
Advocate Shruti Goyal is a legal expert specializing in corporate law and compliance. She writes to simplify legal topics for businesses and individuals alike.