COLLECTION AND RECOVERY OF TAX - Income Tax Bill, 2025

Chapter: XIX
COLLECTION AND RECOVERY OF TAX
Part: A
General
Clause 390	:	Deduction or collection at source and advance payment. Clause 390 of the Bill provides for the provisions relating to tax deduction at source, tax collection at source, advance pay....
Clause 391	:	Direct payment. Clause 391 of the Bill provides for provisions relating to direct payment of tax by assessee in certain conditions.....
Part: B
Deduction and collection at source
Clause 392	:	Salary and accumulated balance due to an employee. Clause 392 of the Bill provides for provisions relating to tax deduction at source on salary and accumulated balance to an em....
Clause 393	:	Tax to be deducted at source. Clause 393 of the Bill provides for provisions relating to tax deduction at source on various payments.....
Clause 394	:	Collection of tax at source. Clause 394 of the Bill provides for provisions relating to tax collection at source on various transactions.....
Clause 395	:	Certificates. Clause 395 of the Bill provides for provisions relating to issuance of certificate for lower deduction of tax.....
Clause 396	:	Tax deducted is income received. Clause 396 of the Bill seeks to provide the certain sums which shall be deemed as income received for the purposes of computi....
Clause 397	:	Compliance and reporting. Clause 397 of the Bill seeks to provide for compliance and reporting requirements for tax deduction at source and tax collect....
Clause 398	:	Consequences of failure to deduct or pay or, collect or pay. Clause 398 of the Bill seeks to provide for consequence for failure to deduct or collect or pay tax.....
Clause 399	:	Processing. Clause 399 of the Bill seeks to provide for processing of statements of tax deduction at source and tax collection at source ....
Clause 400	:	Power of Central Government to relax provisions of this Chapter. Clause 400 of the Bill empowers the Central Government to relax the provisions of tax deduction at source and tax collection ....
Clause 401	:	Bar against direct demand on assessee. Clause 401 of the Bill seeks to provide for provisions relating to bar against the demand on assessee to the extent tax has b....
Clause 402	:	Interpretation. Clause 402 of the Bill seeks to provides for definition of certain expressions used in the chapter of collection and recovery....
Part: C
Advance payment of tax
Clause 403	:	Liability for payment of advance tax. Clause 403 of the Bill seeks to provide for liability for payment of advance tax during the tax year in respect of total inco....
Clause 404	:	Conditions of liability to pay advance tax. Clause 404 of the Bill seeks to provide for conditions where assessee shall be required to pay advance tax.....
Clause 405	:	Computation of advance tax. Clause 405 of the Bill seeks to provides for the provisions relating to the method for computation of advance tax payable in ....
Clause 406	:	Payment of advance tax by assessee on his own accord. Clause 406 of the Bill seeks to provide for payment of advance tax by assessee on his own accord.....
Clause 407	:	Payment of advance tax by assessee in pursuance of order of Assessing Officer. Clause 407 of the Bill provides for payment of advance tax by an assessee in pursuance of an order of the Assessing Officer.....
Clause 408	:	Instalments of advance tax and due dates. Clause 408 of the Bill provides for payment of advance tax in four instalments and by the due dates as made by the rules.....
Clause 409	:	When assessee is deemed to be in default. Clause 409 of the Bill seeks to provide for deeming an assessee to be in default for failure to pay advance tax as per the or....
Clause 410	:	Credit for advance tax. Clause 410 of the Bill seeks to provide for giving credit for advance tax paid by or recovered from an assessee as a payment ....
Part: D
Collection and recovery
Clause 411	:	When tax payable and when assessee deemed in default. Clause 411 of the Bill seeks to provide for the provisions relating to notice of demand, tax payable and when assessee is dee....
Clause 412	:	Penalty payable when tax in default. Clause 412 of the Bill seeks to provide for penalty which shall be payable when assessee is in tax default.....
Clause 413	:	Certificate by Tax Recovery Officer and Validity thereof. Clause 413 of the Bill seeks to provide for drawing up of a certificate in respect of an assessee in default by the Tax Recov....
Clause 414	:	Tax Recovery Officer by whom recovery is to be effected. Clause 414 of the Bill seeks to specify the Tax Recovery Officer by whom recovery is to be effected.....
Clause 415	:	Stay of proceedings in pursuance of certificate and amendment or cancellation thereof. Clause 415 of the Bill empowers the Tax Recovery Officer to stay the recovery proceedings of his own accord or in pursuance o....
Clause 416	:	Other modes of recovery. Clause 416 of the Bill empowers the Assessing Officer with modes of recovery where no certificate is drawn up by the Tax Reco....
Clause 417	:	Recovery through State Government. Clause 417 of the Bill provides for recovery of tax through State Government in any area where recovery of tax has been entru....
Clause 418	:	Recovery of tax in pursuance of agreements with foreign countries. Clause 418 of the Bill provides for recovery of tax on behalf of the Government of any foreign country under an agreement bet....
Clause 419	:	Recovery of penalties, fine, interest and other sums. Clause 419 of the Bill provides for the provisions relating to recovery of penalties, fine, interest and other sums in the sa....
Clause 420	:	Tax clearance certificate. Clause 420 of the Bill seeks to provide for the requirement of a no objection certificate to be issued by the prescribed auth....
Clause 421	:	Recovery by suit or under other law not affected. Clause 421 of the Bill seeks to provide that recovery by suit or under other law will not be affected notwithstanding tax due....
Clause 422	:	Recovery of tax arrear in respect of non-resident from his assets. Clause 422 of the Bill seeks to provide for recovery of tax arrears from a non-resident from his assets.....
Part: E
Interest chargeable in certain cases
Clause 423	:	Interest for defaults in furnishing return of income. Clause 423 of the Bill seeks to provide that the assessee shall be liable to pay interest for default in furnishing return of....
Clause 424	:	Interest for defaults in payment of advance tax. Clause 424 of the Bill seeks to provide that the assessee shall be liable to pay interest for failure to pay advance tax or w....
Clause 425	:	Interest for deferment of advance tax. Clause 425 of the Bill seeks to provide that the assessee shall be liable to pay interest for failure to pay full amount of a....
Clause 426	:	Interest on excess refund. Clause 426 of the Bill seeks to provide that the assessee shall be liable to pay interest on any amount refunded to him in ex....
Part: F
Levy of fee in certain cases
Clause 427	:	Fee for default in furnishing statements. Clause 427 of the Bill seeks to provide that the assessee shall be liable to pay fee of for delay in furnishing of statement ....
Clause 428	:	Fee for default in furnishing return of income. Clause 428 of the Bill seeks to provide that the assessee shall be liable to pay a fee for failure to furnish a return of inc....
Clause 429	:	Fee for default relating to statement or certificate. Clause 429 of the Bill seeks to provide that the assessee shall be liable to pay a fee of for delay in furnishing of prescrib....
Clause 430	:	Fee for default relating to intimation of aadhaar number. Clause 430 of the Bill seeks to provide that the assessee shall be liable to pay a fee for failure to intimate his Aadhaar nu....