Amended and updated notes on section 278A of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Detail discussion on provisions and rules related to Punishment for second and subsequent offences.
Chapter XXII (Sections 275A to 280D) of the Income Tax Act 1961 deals with the provisions related to offences and prosecutions. Section 278A of IT Act 1961 provides for Punishment for second and subsequent offences.
Recently, we have discussed in detail section 278 (Abetment of false return, etc.) of IT Act 1961.
Today, we learn the provisions of section 278A of Income-tax Act 1961 as amended by the Finance Act 2022. The amended provision of section 278A is effective for financial year 2022-23 relevant to the assessment year 2023-24.
In this article, you will learn detail of the provisions of section 278A of the Income Tax Act, 1961 Bare Act read with the Income-tax Rules, 1962 as provided by Ministry of Law and Justice, Government of India.
Section-278A: Punishment for second and subsequent offences
If any person convicted of an offence under section 276B or section 276BB or sub-section (1) of section 276C or section 276CC or section 276DD or section 276E or section 277 or section 278 is again convicted of an offence under any of the aforesaid provisions, he shall be punishable for the second and for every subsequent offence with rigorous imprisonment for a term which shall not be less than six months but which may extend to seven years and with fine.
[Section 278A amended(inserted) w.e.f. 1-April-2022 by the finance Act 2022]