Section 452 Income Tax Act 2025 Penalty for failure to comply with provisions of section 187.

By | April 3, 2026

Section 452 Income Tax Act 2025

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.