Section 425 of the IPC defines whoever with intent to cause, or knowing that he is likely to cause, wrongful loss or damage to the public or to any person, causes the destruction of any property, or any such change in any property or in the situation thereof as destroys or diminishes its value or utility, or affects it injuriously, commits.

It says, destroys or damages property,  renders property dangerous, useless, inoperative or ineffective,  obstructs, interrupts or interferes with the lawful use, enjoyment or operation of property; or, Obstructs, interrupts or interferes with any person in the lawful use, enjoyment or operation of property.

The offence under this Section is cognizable, Bailable, compoundable with the permission of the Court before which any prosecution of such offence is pending, and triable by any Magistrate.

The penalty for mischief depends on the value of the property; there is a wide array of potential sentences if you are found guilty. The penalties can range anywhere from a discharge (i.e. a finding of guilt, but no criminal conviction), to a fine and/or probation, to a period of jail time.

Mischief is playful and often harmless wrongdoing, pranks or bad behaviour. An example of mischief is the mild bad behaviour by someone who is up-to-no-good. The inclination or tendency to play pranks or get into trouble. Eyes that gleamed with mischief.

Harm or evil caused by an agent or brought about by a particular cause. One who causes mischief. In a milder sense, one who causes petty annoyances mischief-maker.