Amount sought to be evaded clarifies that tax, penalty or interest determine punishment under section 276C. The phrase 'amount sought to be evaded' in section 276C(1) denotes the amount of any tax, penalty or interest chargeable or imposable under the Income Tax Act, and that quantum determines which threshold-based custodial range and fine prescribed by the provision applies for the offence of willful tax evasion.
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Provisions expressly mentioned in the judgment/order text.
Amount sought to be evaded clarifies that tax, penalty or interest determine punishment under section 276C.
The phrase "amount sought to be evaded" in section 276C(1) denotes the amount of any tax, penalty or interest chargeable or imposable under the Income Tax Act, and that quantum determines which threshold-based custodial range and fine prescribed by the provision applies for the offence of willful tax evasion.
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