— Nexus · the AI research workspace for CA firms
— official CBDT correspondence
Section 398 — Consequences of failure to deduct or pay or, collect or pay: its source in the Income-tax Act, 1961
Section 398 (Consequences of failure to deduct or pay or, collect or pay) of the Income-tax Act, 2025 consolidates Section 201 and Section 206C of the Income-tax Act, 1961 as per the official CBDT correspondence.
source provisions · income-tax act, 1961
- Section 201 — Consequences of failure to deduct or pay
- Section 206C — Profits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc.
read both texts · §201 (1961) vs §398 (2025)
loading…
loading…
Source: the CBDT’s official 1961↔2025 correspondence table (incometaxindia.gov.in), captured 2026-07-21. This is a research aid — verify against the official CBDT utility ↗ before professional reliance.
— built by nexus
Nexus answers full tax questions the same way — a citation-grounded advisory artifact with verdict, authority chain, computation and drafting, every citation traceable to an official source.