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of <h1>Wilful Tax Evasion Under Section 25 of Expenditure-tax Act, 1987: Imprisonment Up to 7 Years and Fine.</h1> Section 25 of the Expenditure-tax Act, 1987, addresses the wilful attempt to evade tax. It states that any individual who deliberately tries to evade tax, penalty, or interest under this Act, or understates chargeable expenditure, faces rigorous imprisonment from three months to seven years and a fine. This includes possessing or controlling documents with false entries, making false entries, omitting relevant entries, or creating conditions that enable tax evasion. The provision ensures that such actions are punishable, reinforcing compliance with tax obligations.
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