{"act":{"id":"finance-act-2026","short_title":"The Finance Act, 2026","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2026-2027.","act_number":"4","act_year":2026,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":167,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2026/"},"unit":"section","section":{"number":"109","heading":"Amendment of section 474","text":"Amendment of section 474. 109. In section 474 of the Income-tax Act,— (a) | for the marginal heading, the following marginal heading shall be substituted, namely:— \"Failure to afford facility for inspection of books of account during search.\"; (b) | for the words \"rigorous imprisonment for a term which may extend to two years and shall also be liable to fine\", the words \"simple imprisonment for a term up to six months, or with fine, or with both\" shall be substituted.","html":"<p><b>Amendment of section 474.</b></p><p><b>109.</b> In section 474 of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>for the marginal heading, the following marginal heading shall be substituted, namely:—</td></tr><tr><td></td><td></td><td>\"Failure to afford facility for inspection of books of account during search.\";</td></tr><tr><td>(<i>b</i>)</td><td></td><td>for the words \"rigorous imprisonment for a term which may extend to two years and shall also be liable to fine\", the words \"simple imprisonment for a term up to six months, or with fine, or with both\" shall be substituted.</td></tr></table></div>","words":81,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2026/section/109/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}