Section 276CC offence: imprisonment and fine where tax evasion exceeds threshold; lesser term where below threshold. Offence under section 276CC is punishable in two tiers: where the tax evaded exceeds the statutory threshold, rigorous imprisonment for not less than six months and up to seven years with fine; in other cases imprisonment for not less than three months and up to two years with fine. Repeat conviction for a similar offence invokes rigorous imprisonment of not less than six months up to seven years with fine for the second and every subsequent offence.