False statement in verification triggers criminal liability with rigorous imprisonment and fine depending on evaded tax amount. False statements or delivery of false accounts in any verification under the Act or rules, when known or believed to be false or not believed to be true, are punishable by rigorous imprisonment and fine; the imprisonment term is tiered by the amount of tax that would have been evaded if the statement were accepted, with larger evasion attracting a higher minimum and longer maximum term.
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.
False statement in verification triggers criminal liability with rigorous imprisonment and fine depending on evaded tax amount.
False statements or delivery of false accounts in any verification under the Act or rules, when known or believed to be false or not believed to be true, are punishable by rigorous imprisonment and fine; the imprisonment term is tiered by the amount of tax that would have been evaded if the statement were accepted, with larger evasion attracting a higher minimum and longer maximum term.
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