Income-tax Act, 2025

Removal, concealment, transfer or delivery of property to prevent tax recovery - Section 475

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

475. 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 therein from being taken in execution of a certificate drawn under section 413, shall be punishable with 21[simple imprisonment for a term up to two years and with fine].

21. Sub. for "rigorous imprisonment for a term which may extend to two years and shall also be liable to fine" by Act No. 4 of 2026, w.e.f. 1-4-2026. .... To read the full section download the app from Google Play store