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

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Last Updated: 01-04-2026

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

 

[i] Substituted for words “rigorous imprisonment for a term which may extend to two years and shall also be liable to fine.” by Section 110 of FA, 2026 wef 01-04-2026.