https://www.taxtmi.com/acts?id=53894 Amends section 485 of the Income-tax Act by substituting the prescribed punishment for the relevant offence. The amendment replaces rigorous imprisonment with simple imprisonment, while retaining the minimum term of six months and providing for imprisonment up to three years, together with fine. en-us Tue, 31 Mar 2026 15:55:05 +0530 Tue, 31 Mar 2026 15:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53894 Amends section 485 of the Income-tax Act by substituting the prescribed punishment for the relevant offence. The amendment replaces rigorous imprisonment with simple imprisonment, while retaining the minimum term of six months and providing for imprisonment up to three years, together with fine. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:55:05 +0530 https://www.taxtmi.com/acts?id=53894