penalty under sect 67 of it act

Querist : Anonymous (Querist) 21 June 2011 This query is : Resolved
Dear lawyers,

Please updated me with penalty under sect 67 under I T ACT 2000 after 2008 ammendment

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abhishek (Expert) 21 June 2011
in case of first conviction sentence upto 3 years and fine up to 5 lac and in case of second conviction upto 5 years and fine upto 10 lac

Querist : Anonymous (Querist) 13 October 2011
Dear abhishek,

is it 3 year plus 5 lakh or

3 year or 5 lakh.

whether pusihment is both.

Please explain

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