Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Tax Bill 2025: Clause 456 introduces a 5 lakh penalty for investment funds not submitting required documents on time.</h1> Clause 456 of the Income Tax Bill, 2025, imposes a penalty on eligible investment funds that fail to furnish required statements, information, or documents within the prescribed time under section 9(12)(e) [section 9A (5)]. If such a failure occurs, the designated income-tax authority may impose a penalty of five lakh rupees on the non-compliant fund.
TaxTMI 
TaxTMI 
