Section 462 Income Tax Act 2025 Penalty for failure to furnish information or furnishing inaccurate information under section 397(3)(d).

By | April 4, 2026
Last Updated on: April 21, 2026

Section 462 Income Tax Act 2025

Penalty for failure to furnish information or furnishing inaccurate information under section 397(3)(d).

462. If any person, who is required to furnish information under section 397(3)(d), fails to furnish such information, or furnishes inaccurate information, the Assessing Officer may impose a penalty of ₹ 100000 on such person.