§ 481
Chapter XXII — Offences And Prosecution
Failure to comply with a direction of special audit or valuation
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
481. If a person wilfully fails to comply with a direction issued to him under sec-
tion 268(5), he shall be punishable with simple imprisonment for a term up to
six months, or with fine, or with both.]
False statement in verification, etc.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.
Related sections
§ 473Whoever contravenes any order referred to in section 247(4) shall be§ 474If a person, who is required to afford the authorised officer with the necessary§ 475Removal, concealment, transfer or delivery of property to prevent tax recovery§ 476Failure to pay tax to credit of Central Government under Chapter XIX-B§ 477Failure to pay tax collected at source§ 478Wilful attempt to evade tax, etc