Income Tax Act 2025: Section 475 for Tax Year 2025-26

Removal, concealment, transfer or delivery of property to prevent tax recovery Whoever, fraudulently removes, conceals, transfers or delivers to any person, any property or any interest therein, with the intent to prevent such property or interest from being taken in execution of a certificate as prescribed, shall be punishable with rigorous imprisonment for a term…

Share:

Removal, concealment, transfer or delivery of property to prevent tax recovery

Whoever, fraudulently removes, conceals, transfers or delivers to any person, any property or any interest therein, with the intent to prevent such property or interest from being taken in execution of a certificate as prescribed, shall be punishable with rigorous imprisonment for a term which may extend to two years and shall also be liable to fine.


Download FEB 2025 Edition

GST and Company Law Book

(Bare Acts, Rules, Rates and Exemptions)

More Detail