The IPC 1860 was replaced by the BNS 2023 (in force 2024-07-01); no verified section mapping on file for Section 408 — confirm the corresponding provision (savings: Section 358, BNS 2023).
Whoever, being a clerk or servant or employed as a clerk or servant, and being in any manner entrusted in such capacity with property, or with any dominion over property, commits criminal breach of trust in respect of that property, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine. CLASSIFICATION OF OFFENCE Punishment--Imprisonment for 7 years and fine--Cognizable--Non-bailable--Triable by Magistrate of the first class--Compounded by the owner of the property in respect of which the breach of trust has been committed with the permission of the Court.