Section 197: Prosecution for disposal of property to prevent attachment
The Income Tax Ordinance, 2001 · Federal Acts · in_force
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197. Prosecution for disposal of property to prevent attachment. — Where the owner of any property, or a person acting on the owner’s behalf or claiming under the owner, sells, mortgages, charges, leases or otherwise deals with the property after the receipt of a notice from the Commissioner with a view to preventing the Commissioner from attaching it, shall commit an offence punishable on conviction with a fine 6[upto hundred thousand rupees] or imprisonment for a term not exceeding three years, or both.
Effective date: 2001-09-13
Related sections
Section 196: Prosecution for obstructing an income tax authoritySection 198: Prosecution for unauthorised disclosure of information by aSection 195B: Prosecution for enabling offshore tax evasionSection 199: Prosecution for abetmentSection 195A: Prosecution for non-compliance with notice under sectionSection 200: Offences by companies and associations of persons
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