# The Finance Act, 1964, Section 41: Amendment of section 277

- Act: The Finance Act, 1964 (Act 5 of 1964)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1964/section/41/

## Text

Amendment of section 277 41. In section 277 of the Income-tax Act, for the words "punishable with simple imprisonment which may extend to six months, or with fine which may extend to one thousand rupees, or with both.", the following shall be substituted, namely:— "punishable with rigorous imprisonment for a term which may extend to two years: Provided that in the absence of special and adequate reasons to the contrary to be recorded in the judgment of the court, such imprisonment shall not be for less than six months.". [Finance Act, 1964] © Copyright. Taxmann Publications Pvt. Ltd.

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