Section 480 of the Income-tax Act, 2025 corresponds to s. 276 CCC of the Income-tax Act, 1961. STATUTORY ARCHITECTURE Imprisonment 3 months to 3 years with fine. For failure to file return for block period under s. 158 BC of 1961 (search…
480
ITA 2025 · Section 480
Section 480 — - WILFUL FAILURE RE BLOCK-PERIOD RETURN
Section 480 of the Income-tax Act, 2025 corresponds to s. 276CCC of the Income-tax Act, 1961.
STATUTORY ARCHITECTURE
Imprisonment 3 months to 3 years with fine. For failure to file return for block period under s. 158BC of 1961 (search assessment regime).
PRACTITIONER PLANNING NOTES
CROSS-REFERENCES