https://www.taxtmi.com/acts?id=53886 Section 476 is amended to punish failure to remit tax deducted at source, and failure to pay tax or ensure payment of tax on winnings from online games and on consideration for transfer of a virtual digital asset. The amended provision introduces graded punishment based on the amount of unpaid tax, including imprisonment, fine, or both in higher-amount cases, and fine alone in other cases, with specified exclusions for amounts wholly in kind. en-us Tue, 31 Mar 2026 15:53:26 +0530 Tue, 31 Mar 2026 15:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53886 Section 476 is amended to punish failure to remit tax deducted at source, and failure to pay tax or ensure payment of tax on winnings from online games and on consideration for transfer of a virtual digital asset. The amended provision introduces graded punishment based on the amount of unpaid tax, including imprisonment, fine, or both in higher-amount cases, and fine alone in other cases, with specified exclusions for amounts wholly in kind. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:53:26 +0530 https://www.taxtmi.com/acts?id=53886