What is the punishment and fine for the offence under section 277?
​​​With rigorous imprisonment for a term which cannot be less than 6 months but which may extend to 7 years and with fine, where the amount of tax, that would have been evaded if the statement or account had been accepted as true, exceeds Rs. 25,00,000;
With rigorous imprisonment which shall not be less than 3 months but which may extend up to 2 years and with fine, in any other case.
If any person is convicted again of a similar offence under this provision, he shall be punishable for the second and for every subsequent offence with rigorous imprisonment for a term which shall not be less than 6 months but which may extend to 7 years and with fine.​