Section 276BB:
Failure to pay the tax collected at source.
1If 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. Ins. by Act 26 of 1988, s. 46 (w.e.f. 1-6-1988).