Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income Tax Bill 2025: Clause 477 imposes imprisonment for failing to remit tax collected under section 394.</h1> Clause 477 of the Income Tax Bill, 2025, addresses the failure to remit tax collected at source to the Central Government. If a person fails to pay the collected tax as required under section 394, they face rigorous imprisonment ranging from three months to seven years and may also incur a fine. However, this provision does not apply if the tax payment is made to the Central Government by the deadline for filing the statement under section 397(3)(b).