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Finance and Law Explained | Professional Repository
Income-tax Act, 2025 | Chapter XIX

Collection and Recovery of Tax

Sections 390-430, connected Rules 203-273, Forms 121-186, Finance Act 2026 amendments, transition mapping, practical controls, cases and professional Q&A.

Law baseline: 2026-06-28Act + Rules + FormsNotifications and circular controlsOld-law bridgeShort Windows-safe package
Executive architecture

Decision path

1. Trigger
Person, event and period
2. Law
Section and Schedule
3. Procedure
Rule, Form, authority
4. Evidence
Books, portal, bank, approvals
5. Remedy
Correction, stay, appeal, defence
Legal hierarchy: Act -> Schedules -> Rules -> Gazette notifications/orders -> binding judicial law -> circulars/instructions within lawful scope -> portal guidance. Always test effective date and section 536 savings.

Section navigation: s. 390 s. 391 s. 392 s. 393 s. 394 s. 395 s. 396 s. 397 s. 398 s. 399 s. 400 s. 401 s. 402 s. 403 s. 404 s. 405 s. 406 s. 407 s. 408 s. 409 s. 410 s. 411 s. 412 s. 413 s. 414 s. 415 s. 416 s. 417 s. 418 s. 419 s. 420 s. 421 s. 422 s. 423 s. 424 s. 425 s. 426 s. 427 s. 428 s. 429 s. 430

Chapter control map

What this chapter governs

Sections

41 provisions: 390-430.

Rules and Forms

203-273; 121-186. Current electronic schemas must be checked at filing.

Old-law bridge

1961 Act Chapter XVII: sections 190-234E, advance tax sections 207-219, recovery sections 220-232 and interest/fee provisions 234A-234F.

Section 390

Deduction or collection at source and advance payment

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 390, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 391

Direct payment

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Establishes the statutory treatment for direct payment within Chapter XIX.

Professional decode

Identify person, event, amount, period, authority, form, evidence, consequence and remedy before applying the provision.

Applied example: A fact pattern engages this provision. The working paper maps each statutory condition to primary evidence and records exceptions and downstream consequences.
Source control: Income-tax Act, 2025, section 391, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 392

Salary and accumulated balance due to an employee

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 392, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 393

Deduction of tax at source on specified payments and sums

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 393, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 394

Collection of tax at source

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 394, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 395

Certificate for deduction or collection at lower rate

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 395, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 396

Tax deducted is income received

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 396, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 397

Tax deduction and collection account number, payment, statements and certificates

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 397, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 398

Consequences of failure to deduct, collect or pay tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 398, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 399

Processing

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Establishes the statutory treatment for processing within Chapter XIX.

Professional decode

Identify person, event, amount, period, authority, form, evidence, consequence and remedy before applying the provision.

Applied example: A fact pattern engages this provision. The working paper maps each statutory condition to primary evidence and records exceptions and downstream consequences.
Source control: Income-tax Act, 2025, section 399, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 400

Power to issue notifications and guidelines for deduction or collection

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Determines the payer/collector obligation, timing, base, rate, deposit, statement and credit chain.

Professional decode

Build a payment-level TDS/TCS matrix; verify payee status, threshold, treaty, certificate, payment date and Form 26AS/AIS credit.

Applied example: A payer credits an amount before payment. The team tests the credit/payment trigger, threshold, certificate and deposit deadline before releasing the ledger close.
Source control: Income-tax Act, 2025, section 400, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 401

Bar against direct demand on assessee

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Establishes the statutory treatment for bar against direct demand on assessee within Chapter XIX.

Professional decode

Identify person, event, amount, period, authority, form, evidence, consequence and remedy before applying the provision.

Applied example: A fact pattern engages this provision. The working paper maps each statutory condition to primary evidence and records exceptions and downstream consequences.
Source control: Income-tax Act, 2025, section 401, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 402

Interpretation

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Establishes the statutory treatment for interpretation within Chapter XIX.

Professional decode

Identify person, event, amount, period, authority, form, evidence, consequence and remedy before applying the provision.

Applied example: A fact pattern engages this provision. The working paper maps each statutory condition to primary evidence and records exceptions and downstream consequences.
Source control: Income-tax Act, 2025, section 402, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 403

Liability for payment of advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 403, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 404

Conditions of liability to pay advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 404, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 405

Computation of advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 405, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 406

Payment of advance tax by assessee on his own accord

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 406, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 407

Advance-tax order by Assessing Officer

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 407, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 408

Instalments of advance tax and due dates

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 408, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 409

When assessee is deemed to be in default

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 409, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 410

Credit for advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 410, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 411

When tax payable and when assessee deemed in default

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 411, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 412

Penalty payable when tax in default

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 412, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 413

Certificate by Tax Recovery Officer and validity thereof

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 413, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 414

Jurisdiction of Tax Recovery Officer

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 414, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 415

Stay of proceedings in pursuance of certificate and amendment or cancellation thereof

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 415, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 416

Other modes of recovery

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 416, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 417

Recovery through State Government

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 417, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 418

Recovery of tax in pursuance of agreements with foreign countries

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 418, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 419

Recovery of penalties, fine, interest and other sums

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 419, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 420

Tax clearance certificate

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 420, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 421

Other laws and suits for recovery not affected

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 421, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 422

Recovery of tax arrear in respect of non-resident from his assets

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 422, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 423

Interest for defaults in furnishing return of income

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 423, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 424

Interest for defaults in payment of advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 424, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 425

Interest for deferment of advance tax

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Regulates advance-tax liability, estimation, instalments, credit and default consequences.

Professional decode

Forecast current income by tax bucket; reconcile TDS/TCS, reliefs, credits and instalment due dates.

Applied example: A business revises its forecast after a large capital gain. It recomputes the next instalment and documents the revised estimate.
Source control: Income-tax Act, 2025, section 425, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 426

Interest on excess refund

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Provides a time-linked interest or fee consequence for a specified filing, payment or reporting default.

Professional decode

Compute from the correct statutory start/end dates and base; separately test consequential recomputation after appeal or rectification.

Applied example: A return is late and the regular assessment changes the tax base. The interest schedule is recomputed after giving credit for taxes paid.
Source control: Income-tax Act, 2025, section 426, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 427

Fee for default in furnishing statements

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.
Finance Act 2026 control: Use the consolidated wording and effective-date footnote; earlier punishment, fee or procedural language may differ.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 427, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 428

Fee for default in furnishing return of income, audited accounts and reports

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.
Finance Act 2026 control: Use the consolidated wording and effective-date footnote; earlier punishment, fee or procedural language may differ.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 428, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 429

Fee for default relating to statement or certificate

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 429, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Section 430

Fee for default relating to intimation of Aadhaar number

Old-law bridge: 1961 Act Chapter XVII / sections 190-234F - directional mapping; verify exact legacy provision.

Statutory function

Governs demand, default, recovery certificate, attachment, stay and alternative recovery routes.

Professional decode

Reconcile demand, service, credits, appeal/stay status, TRO jurisdiction and protected-property issues before payment or challenge.

Applied example: A demand appears despite an available credit. The taxpayer files credit evidence and stay request before coercive recovery steps.
Source control: Income-tax Act, 2025, section 430, as amended by Finance Act, 2026. Read the complete official text, provisos, explanations, tables and footnotes at the primary-source link. Summary text does not replace the statute.
Rules, Forms and instruments

Connected compliance layer

Rulebook: Rules 203-273 principally govern the balance chapters; Rules 274-331 operate the Schedules, while Rules 332-333 prescribe general electronic furnishing and electronic payment controls. The package contains a 131-rule index and a 70-form control map.
LayerCoverageControl
Rules203-273Use exact notified text, amendments and corrigenda.
Forms121-186Confirm live e-filing schema, signing authority and acknowledgement.
NotificationsRates, notified persons, schemes, exemptions, reporting and recoveryCheck Gazette number, effective date and supersession.
Circulars / instructionsAdministrative guidance and compounding / processing instructionsApply only within lawful scope and after section 536 mapping.
Applied learning

18 practical cases

Case 1: salary TDS

A practical file raises salary TDS. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 2: vendor TDS

A practical file raises vendor TDS. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 3: non-resident remittance

A practical file raises non-resident remittance. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 4: lower-rate certificate

A practical file raises lower-rate certificate. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 5: TCS collection

A practical file raises TCS collection. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 6: advance-tax forecast

A practical file raises advance-tax forecast. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 7: recovery stay

A practical file raises recovery stay. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 8: foreign recovery

A practical file raises foreign recovery. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 9: late return interest

A practical file raises late return interest. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 10: deferment interest

A practical file raises deferment interest. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 11: excess refund interest

A practical file raises excess refund interest. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 12: statement fee

A practical file raises statement fee. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 13: Aadhaar fee

A practical file raises Aadhaar fee. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 14: TDS credit mismatch

A practical file raises TDS credit mismatch. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 15: asset attachment

A practical file raises asset attachment. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 16: tax clearance

A practical file raises tax clearance. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 17: TRO jurisdiction

A practical file raises TRO jurisdiction. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Case 18: appeal-effect demand

A practical file raises appeal-effect demand. Facts span identity, tax year, transaction date, amount, statutory role and electronic records.

Approach: Apply the Act first, then the connected Rule/Form and current Gazette instrument. Reconcile evidence, timing, authority, computation and remedy.

Control: Create a dated evidence index, responsibility matrix and limitation calendar; obtain professional advice where litigation or prosecution risk exists.

Professional Q&A

36 questions

Which legal layer controls first?

The enacted section and applicable Schedule control first; then the notified Rules, current forms, valid Gazette instruments and binding judicial law. Portal text is operational guidance, not a substitute for law.

Can a 1961 Act circular be used automatically?

No. Map it to the 2025 Act, test section 536 savings, consistency and later supersession before relying on it.

What is the minimum evidence file?

Notice/order, service trail, computation, books/ledger, bank/challan records, prescribed statements/forms, correspondence, approvals and a limitation calendar.

Does payment cure every default?

No. Payment may stop further interest or support reasonable cause, but filing, reporting, penalty or prosecution consequences may remain.

How should Finance Act 2026 changes be handled?

Use the consolidated Act wording and effective-date footnotes; do not apply the pre-substitution text to an action governed by the amended provision.

What should be checked before publication or professional reliance?

Reconfirm the live Gazette, current form/schema, annual Finance Act, jurisdictional case law and transaction-specific facts.

What is the working-paper focus for section 390?

Section 390, Deduction or collection at source and advance payment, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 391?

Section 391, Direct payment, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 392?

Section 392, Salary and accumulated balance due to an employee, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 393?

Section 393, Deduction of tax at source on specified payments and sums, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 394?

Section 394, Collection of tax at source, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 395?

Section 395, Certificate for deduction or collection at lower rate, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 396?

Section 396, Tax deducted is income received, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 397?

Section 397, Tax deduction and collection account number, payment, statements and certificates, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 398?

Section 398, Consequences of failure to deduct, collect or pay tax, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 399?

Section 399, Processing, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 400?

Section 400, Power to issue notifications and guidelines for deduction or collection, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 401?

Section 401, Bar against direct demand on assessee, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 402?

Section 402, Interpretation, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 403?

Section 403, Liability for payment of advance tax, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 404?

Section 404, Conditions of liability to pay advance tax, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 405?

Section 405, Computation of advance tax, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 406?

Section 406, Payment of advance tax by assessee on his own accord, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 407?

Section 407, Advance-tax order by Assessing Officer, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 408?

Section 408, Instalments of advance tax and due dates, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 409?

Section 409, When assessee is deemed to be in default, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 410?

Section 410, Credit for advance tax, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 411?

Section 411, When tax payable and when assessee deemed in default, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 412?

Section 412, Penalty payable when tax in default, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 413?

Section 413, Certificate by Tax Recovery Officer and validity thereof, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 414?

Section 414, Jurisdiction of Tax Recovery Officer, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 415?

Section 415, Stay of proceedings in pursuance of certificate and amendment or cancellation thereof, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 416?

Section 416, Other modes of recovery, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 417?

Section 417, Recovery through State Government, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 418?

Section 418, Recovery of tax in pursuance of agreements with foreign countries, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

What is the working-paper focus for section 419?

Section 419, Recovery of penalties, fine, interest and other sums, should be applied through a condition-by-condition matrix covering person, trigger, time, amount, authority, evidence, form, consequence and remedy.

Primary sources

Source discipline

Income-tax Act, 2025 as amended by Finance Act, 2026
https://www.incometaxindia.gov.in/documents/d/guest/income_tax_act_2025_as_amended_by_fa_act_2026-pdf
Income-tax Rules, 2026 - G.S.R. 198(E), 20 March 2026
https://www.incometaxindia.gov.in/documents/d/guest/en-notified-it-rules-2026-20-03-2026-pdf
Income-tax Act, 1961 repository
https://www.incometaxindia.gov.in/income-tax-act
Publication control: Recheck the live Gazette, annual Finance Act, current form utility, jurisdictional case law and facts before transaction, filing, litigation or examination reliance.