Failure to produce accounts, records, etc.
35C. If a person wilfully fails to produce, or
cause to be produced, on or before the date specified in any notice under
sub-section (4) of section 16, such accounts, records and documents as are
referred to in the notice, he shall be punishable with rigorous imprisonment
for a term which may extend to one year or with fine equal to a sum calculated at
a rate which shall not be less than four rupees or more than ten rupees for
every day during which the default continues, or with both.