Failure to comply with section 247(1)(b)(ii)
[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]
If a person, who is required to afford the authorised officer with the necessary facility to inspect the books of account or other documents under section 247(1)(b)(ii) fails to do so, he shall be punishable with rigorous imprisonment for a term which may extend to two years and shall also be liable to fine.
