https://www.taxtmi.com/acts?id=53220 Amendment substitutes simple imprisonment and fine for the existing rigorous imprisonment and fine for second and subsequent convictions under sections 476, 477, 478(1), 479, 480, 482 and 484 of the Income-tax Act, 2025, reducing the maximum term from seven years to three years while retaining a minimum term of six months; the change takes effect from 1 April 2026. en-us Sun, 01 Feb 2026 15:34:40 +0530 Sun, 01 Feb 2026 15:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53220 Amendment substitutes simple imprisonment and fine for the existing rigorous imprisonment and fine for second and subsequent convictions under sections 476, 477, 478(1), 479, 480, 482 and 484 of the Income-tax Act, 2025, reducing the maximum term from seven years to three years while retaining a minimum term of six months; the change takes effect from 1 April 2026. Act-Rules Bills Sun, 01 Feb 2026 15:34:40 +0530 https://www.taxtmi.com/acts?id=53220