Income Tax Law
Income-tax Act, 2025 · CHAPTER XXII — OFFENCES AND PROSECUTION
Section 481Failure to produce accounts and documents
Income-tax Act, 2025 (30 of 2025)
If a person wilfully fails to produce, or cause to be produced, the accounts and documents as are referred to in the notice served on him under section 268(1) on or before the date specified in such notice, or wilfully fails to comply with a direction issued to him under section 268(5), he shall be punishable with rigorous imprisonment for a term which may extend to one year and with fine.
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