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of <h1>Willful Tax Evasion Over 25 Lakh Leads to 6 Months-7 Years Imprisonment Under Income Tax Act</h1> A person who willfully attempts to evade tax, penalty, or interest under the Income Tax Act, 1961, or under-reports income, is subject to rigorous imprisonment and fines. If the amount evaded or tax on under-reported income exceeds twenty-five lakh rupees, imprisonment ranges from six months to seven years with a fine; otherwise, imprisonment ranges from three months to two years with a fine. Wilful evasion includes possession or control of false accounting records, making false entries, omitting relevant entries, or causing circumstances enabling tax evasion. The court may impose fines at its discretion. These provisions apply without prejudice to other penalties under the Act.
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