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of <h1>Income Tax Bill Clause 444: Penalties for False or Omitted Entries in Accounts to Evade Tax</h1> Clause 444 of the Income Tax Bill, 2025, stipulates penalties for false or omitted entries in books of account. The Assessing Officer, Joint Commissioner (Appeals), or Commissioner (Appeals) may impose a penalty equal to the total amount of the false or omitted entry. This applies if, during proceedings, it is found that an individual has made false entries or omitted relevant entries to evade tax. The clause also penalizes any person who causes or assists in making such false or omitted entries. 'False entry' includes the use of forged documents or invoices related to non-existent transactions or parties.
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