Income Tax Act 2023
Section 320 - Penalty for Non-compliance with Sub-section (7) of Section 221
(as updated till Finance Act 2024)
If any person, without reasonable cause, fails to comply with the directions require under sub-section (7) of section 221, he shall be punished with imprisonment for a term which may extend to 1 (one) year, or with fine, or with both.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.