Section mapper · Advance tax, interest, late fees and refunds
Section 221 of the Income-tax Act, 1961 is now
section 412 of the Income-tax Act, 2025
The penalty for staying in default on a demand.
- Was
s.221, Income-tax Act, 1961 (repealed)- Is now
s.412, Income-tax Act, 2025- In force from
What changed
Renumbered. Section 412 keeps the penalty payable by an assessee in default, and keeps it capped at the amount of tax in arrears.
Where this comes from
Read from incometaxindia.gov.in on , and re-checked against the enacted Income-tax Act, 2025 (Act No. 30 of 2025, assented 21 August 2025, in force 1 April 2026). This dataset is re-verified quarterly. The whole method is on our methodology page.
Sections people look up next
- s.220 → s.411 — When tax becomes payable after a demand notice
- s.270A → s.439 — The penalty for under-reporting or misreporting income