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Section 466 of Income Tax Act - Penalty for failure to comply with the provisions of section 254

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Last Updated: 01-04-2026

466. Penalty for failure to comply with the provisions of section 254.

If a person fails to comply with the provisions of section 254, the Joint Commissioner, Deputy Director or Assistant Director or the Assessing Officer, may impose a penalty which may extend up to ₹1000 on him.