https://www.taxtmi.com/acts?id=53884 Section 474 of the Income-tax Act is amended to retitle the offence as failure to afford facility for inspection of books of account during search. The punishment provision is also substituted, replacing the earlier imprisonment and fine language with simple imprisonment for up to six months, or fine, or both. The amendment alters the existing offence provision by changing both its marginal heading and its penalty structure. en-us Tue, 31 Mar 2026 15:53:06 +0530 Tue, 31 Mar 2026 15:53:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53884 Section 474 of the Income-tax Act is amended to retitle the offence as failure to afford facility for inspection of books of account during search. The punishment provision is also substituted, replacing the earlier imprisonment and fine language with simple imprisonment for up to six months, or fine, or both. The amendment alters the existing offence provision by changing both its marginal heading and its penalty structure. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:53:06 +0530 https://www.taxtmi.com/acts?id=53884