False statement in verification: criminal penalties including imprisonment and fines apply where a person knowingly or recklessly submits false accounts. The provision establishes an offence for making a false statement in verification or delivering an account the declarant knows, believes to be false, or does not believe to be true. It prescribes two tiers of criminal punishment tied to the amount of tax that would have been evaded: a higher tier with longer imprisonment and larger fines where the evaded tax exceeds a statutory threshold, and a lower tier with shorter imprisonment and smaller fines in other cases.