Section 276BB - Failure to pay the tax collected at source - Income-tax Act, 1961

1 [Failure to pay the tax collected at source. 276BB. If a person fails to pay to the credit of the Central Government, the tax collected by him as required under the provisions of section 206C, he shall be punishable with rigorous imprisonment for a term which shall not be less than three months but which may extend to seven years and with fine.] ------------------------- Notes :- 1. Inserted by the Finance Act, 1988, w.e.f. 1-6-1988.