§ 486
Chapter XXII — Offences And Prosecution
Punishment not to be imposed in certain cases
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
486. No person shall be punishable for any failure referred to in section 476
or 477, irrespective of anything contained in that section, if he proves that
there was reasonable cause for such failure.
Offences by companies.
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