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[Cites 0, Cited by 0] [Section 487] [Entire Act]

Union of India - Subsection

Section 487(4) in The Income Tax Act, 2025

(4)If an offence under this Act has been committed by a company and the punishment for such offence is imprisonment and fine, then, without prejudice to the provisions contained in sub-section (1) or (3), such company shall be punished with fine and every person referred to in sub-section (1), or the director, manager, secretary or other officer of the company referred to in sub-section (3), shall be liable to be proceeded against and punished as per the provisions of this Act.