The IPC 1860 was replaced by the BNS 2023 (in force 2024-07-01); no verified section mapping on file for Section 412 — confirm the corresponding provision (savings: Section 358, BNS 2023).
Whoever dishonestly receives or retains any stolen property, the possession whereof he knows or has reason to believe to have been transferred by the commission of dacoity, or dishonestly receives from a person, whom he knows or has reason to believe to belong or to have belonged to a gang of dacoits, property which he knows or has reason to believe to have been stolen, shall be punished with imprisonment for life, or with rigorous imprisonment for a term which may extend to ten years, and shall also be liable to fine. CLASSIFICATION OF OFFENCE Punishment--Imprisonment for life, or rigorous imprisonment for 10 years and fine--Cognizable--Non-bailable--Triable by Court of Session--Non-compoundable.