Section 481 — Failure to comply with a direction of special audit or valuation

If a person wilfully fails to comply with a direction issued to him under sec-
tion 268(5), he shall be punishable with simple imprisonment for a term up to
six months, or with fine, or with both.]

Related sections

Section 473 — Contravention of order made during search action.]
Section 474 — Failure to afford facility for inspection of books of account during search.]
Section 475 — Removal, concealment, transfer or delivery of property to prevent tax recovery
Section 476 — Failure to pay tax to credit of Central Government under Chapter XIX-B
Section 477 — Failure to pay tax collected at source
Section 478 — Wilful attempt to evade tax, etc
Section 479 — Failure to furnish returns of income
Section 480 — Failure to furnish return of income setting forth undisclosed income
Section 482 — False statement in verification, etc
Section 483 — Falsification of books of account or document, etc
Section 484 — Abetment of false return, etc
Section 485 — Punishment for second and subsequent offences
Section 486 — Punishment not to be imposed in certain cases
Section 487 — Offences by companies
Section 488 — Offences by Hindu undivided family
Section 489 — Presumption as to assets, books of account, etc., in certain cases
Section 490 — Presumption as to culpable mental state
Section 491 — Prosecution to be at instance of Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner
Section 492 — Certain offences to be non-cognizable
Section 493 — Proof of entries in records or documents
Section 494 — Disclosure of particulars by public servants
Section 495 — Special Courts
Section 496 — Offences triable by Special Court
Section 497 — Trial of offences as summons case
Section 498 — Application of Bharatiya Nagarik Suraksha Sanhita, 2023 to proceedings before Special Court