Wilful attempt to evade tax attracts imprisonment and fines under wealth-tax law with defined documentary offences. Wilful attempt to evade tax under the Wealth-tax Act attracts rigorous imprisonment and fine, with harsher custodial terms for larger attempts and shorter terms for lesser attempts, without prejudice to other statutory penalties. The definition includes possession or control of books containing false entries, making or causing false entries or omissions, and creating circumstances that enable evasion of tax, penalty or interest or their payment.
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.
Wilful attempt to evade tax attracts imprisonment and fines under wealth-tax law with defined documentary offences.
Wilful attempt to evade tax under the Wealth-tax Act attracts rigorous imprisonment and fine, with harsher custodial terms for larger attempts and shorter terms for lesser attempts, without prejudice to other statutory penalties. The definition includes possession or control of books containing false entries, making or causing false entries or omissions, and creating circumstances that enable evasion of tax, penalty or interest or their payment.
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