Income-tax falsification penalty changed to simple imprisonment up to two years and fine, effective retrospectively. Amendment substitutes simple imprisonment for a term up to two years and liability to fine in place of prior rigorous imprisonment for falsification of books or documents committed wilfully with intent to enable tax evasion; the substitution is deemed effective from 1 March 2026 and does not alter the offence's mens rea or core factual elements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Income-tax falsification penalty changed to simple imprisonment up to two years and fine, effective retrospectively.
Amendment substitutes simple imprisonment for a term up to two years and liability to fine in place of prior rigorous imprisonment for falsification of books or documents committed wilfully with intent to enable tax evasion; the substitution is deemed effective from 1 March 2026 and does not alter the offence's mens rea or core factual elements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
