Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →


Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →


By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Note
Bookmark
Share
Don't have an account? Register Here
<h1>Offence for knowingly concealing or transferring property to evade execution under u/s 413, punishable by two years' imprisonment and fine</h1> The provision criminalises knowingly fraudulent removal, concealment, transfer or delivery of any property or interest to prevent its being taken in execution of a recovery certificate, punishable by up to two years' rigorous imprisonment and fine; both the Bill and the enacted Act retain identical core offence and penalty. The key drafting change replaces 'a certificate as prescribed' with an explicit cross-reference to 'a certificate drawn u/s 413,' narrowing and clarifying the triggering instrument and removing reliance on delegated prescription. The clause requires fraudulent conduct plus specific intent; no exceptions, definitions or procedural details are provided.
TaxTMI