Section 453 — Penalty for failure to comply with provisions of section 188
If a person repays any loan or deposit or specified advance referred to in
section 188 otherwise than in accordance with the provisions of that section,
the Assessing Officer may impose on him, a penalty equal to the loan or deposit or
specified advance so repaid.
Related sections
- Section 439 — Penalty for under-reporting and misreporting of income
- Section 440 — Waiver of penalty and immunity from prosecution.]
- Section 441 — Failure to keep, maintain or retain books of account, documents, etc
- Section 442 — Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions
- Section 443 — Penalty in respect of certain income
- Section 444 — Penalty for false entry, etc., in books of account
- Section 445 — Benefits to related persons
- Section 446 — Penalty for failure to furnish information or for furnishing inaccurate information on transaction of crypto-asset
- Section 447 — Penalty for failure to furnish report under section 172
- Section 448 — Penalty for failure to deduct tax at source
- Section 449 — Penalty for failure to collect tax at source
- Section 450 — Penalty for failure to comply with provisions of section 185
- Section 451 — Penalty for failure to comply with provisions of section 186
- Section 452 — Penalty for failure to comply with provisions of section 187
- Section 454 — Penalty for failure to furnish statement of financial transaction or reportable account after a notice
- Section 455 — Penalty for furnishing inaccurate statement of financial transaction or reportable account
- Section 456 — Penalty for failure to furnish statement or information or document by an eligible investment fund
- Section 457 — Penalty for failure to furnish information or document under section 171
- Section 458 — Penalty for failure to furnish information or document under section 506
- Section 459 — Penalty for failure to furnish report or for furnishing inaccurate report under section 511
- Section 460 — Penalty for failure to submit statement under section 505
- Section 461 — Penalty for failure to furnish statements, etc
- Section 462 — Penalty for failure to furnish information or furnishing inaccurate information under section 397(3)(d)
- Section 463 — Penalty for furnishing incorrect information in reports or certificates
- Section 464 — Penalty for failure to furnish statements, etc
- Section 465 — Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc
- Section 466 — Penalty for failure to comply with the provisions of section 254
- Section 467 — Penalty for failure to comply with the provisions of 14[sections 262 and 397]
- Section 468 — Penalty for failure to comply with the provisions of section 397
- Section 469 — Power to reduce or waive penalty, etc., in certain cases
- Section 470 — Penalty not to be imposed in certain cases
- Section 471 — Procedure
- Section 472 — Bar of limitation for imposing penalties