Failure to keep, maintain or retain books of account, documents, etc https://www.taxtmi.com/acts?id=51986 Section 441 prescribes a fixed monetary penalty where a person fails to keep and maintain books of account and other documents as per section 62 or rules, or fails to retain such books and documents for the period specified by those rules; the penalty may be imposed by the Assessing Officer or specified appellate officers. en-us Thu, 14 Aug 2025 18:27:30 +0530 Mon, 08 Sep 2025 14:38:27 +0530 TaxTMI RSS Generator Failure to keep, maintain or retain books of account, documents, etc https://www.taxtmi.com/acts?id=51986 Section 441 prescribes a fixed monetary penalty where a person fails to keep and maintain books of account and other documents as per section 62 or rules, or fails to retain such books and documents for the period specified by those rules; the penalty may be imposed by the Assessing Officer or specified appellate officers. Act-Rules Income Tax Thu, 14 Aug 2025 18:27:30 +0530 https://www.taxtmi.com/acts?id=51986