- Offences and Punishments on Prosecution :
Section |
Nature
Of Offence |
Minimum
Punishment |
Maximum
Punishment |
275A |
Remove part of books of account, document, money, bullion, jewellery or other valuable articles of things in contravention of order u/s 132(1) second provision or u/s 132(3) |
|
R.I. for 2 years and fine |
275B |
Failure to provide facility to inspect books of account etc. |
|
R.I. for 2 years and fine |
276 |
Removal, concealment, transfer delivery of property be thwart tax recovery |
|
R.I. for 2 years and fine |
276A |
Liquidator of a company fails to inform about his appointment or fails to retain the required amount for tax etc. under section 178(1)(3) |
R.I. for 6 months |
R.I. for 2 years and fine |
276AB |
Transfer immovable property or fails to vest property in Central Government or register the transfer of immovable property in contravention of provisions of section 269UC, 269UE and 269UL |
R.I. for 6 months |
R.I. for 2 years and fine |
276B |
Failure to pay tax deducted at source or to pay the tax |
R.I. for 3 months |
R.I. for 7 years and fine |
276BB |
Failure to pay tax collected at source under section 206C |
R.I. for 3 months |
R.I. for 7 years and fine |
276C(1) |
Willful evasion of tax, penalty or interest : i) Where the amount sought to be evaded exceeds Rs.1,00,000/- ii) If the amount does not exceed Rs.1,00,000/- |
R.I. for 6 months |
R.I. for 7 years and fine |
276C(2) |
Willful failure the payment of tax, penalty or interest |
R.I. for 3 months |
R.I. for 3 years and fine |
276CC |
Willful failure to furnish return u/s 139(1) or 142(1) or 148: i) Where the tax evaded exceeds Rs.1,00,000/- ii) If tha amount exceed Rs.1,00,000/- |
R.I. for 6 months |
R.I. for 7 years and fine R.I. for 3 years and fine |
276CCC |
Willful failure to furnish return of income in search case |
R.I. for 3 months |
R.I. for 3 years and fine |
276D |
Willful failure to produce books of account, document etc. or failure to get the account audited |
|
R.I. for 1 years and / or fine between Rs.4/- and Rs.10/- per day of default |
277 |
Willfully making a false statement in verification : i) Where the tax evaded exceeds Rs.1,00,000/- ii) If the amount does not exceed Rs.1,00,000/- |
R.I. for 6 months |
R.I. for 7 years and fine |
277A |
Falsification of books of account or documents |
R.I. for 3 months |
R.I. for 3 years and fine |
278 |
Including a person to make false statement or declaration : i) Where the tax evaded exceeds Rs.1,00,000/- ii) Where the amount does not exceed Rs.1,00,000/- |
R.I. for 6 months |
R.I. for 3 years and fine |
278A |
Second of subsequent offence under section 276B, 276C, 276CC, 277 and 278 |
R.I. for 6 months |
R.I. for 7 years and fine |
278B |
Offences by companies or firms liability will be of the Managing Director, managing partner or any such officer who willfully committed the offence for the company or the firm |
Same as the company or firm |
Same as the company or firm |
278C |
Offence by H.U.F. liability will be of kurta and/or members of the family if they commit the offence willfully |
Same as H.U.F. assessee |
Same as H.U.F. assessee |
280(1) |
Disclosure of particulars by public servant in contravention of section 138(2) |
|
6 months and fine |