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Home > Income Tax Act 2025 > Section-449Last Updated: Feb 25th 2025

Section-449 : Penalty for failure to collect tax at source

Section-449 seeks to provide for imposition of penalty for failure to collect tax at source. Learn to understand the section-449 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

New Income Tax Act 2025 Portal

1. Section-449 as per act

  1. If any person fails to collect the whole or in part, the tax as required under Chapter XIX-B, the Assessing Officer may impose on him, a penalty equal to the tax which such person failed to collect.

2. Help and useful links for Section-449

  1. Income Tax Help Center
  2. Income Tax Act 2025 Home
  3. Income Tax Penalties: What and When?
  4. Self Service (DIY) Income Tax Filing made Easy



How to get help from EZTax.in



Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.