https://www.taxtmi.com/acts?id=3450 Wilful attempt to evade tax, penalty or interest, including under-reporting of income, is punishable under the Income-tax Act. The provision also covers a wilful attempt to evade payment of tax, penalty or interest, with graded punishment based on the amount sought to be evaded and without prejudice to other penalties under the Act. The explanation extends the offence to false entries, omissions, and other acts in books or documents that facilitate evasion. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 01 Apr 2026 11:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3450 Wilful attempt to evade tax, penalty or interest, including under-reporting of income, is punishable under the Income-tax Act. The provision also covers a wilful attempt to evade payment of tax, penalty or interest, with graded punishment based on the amount sought to be evaded and without prejudice to other penalties under the Act. The explanation extends the offence to false entries, omissions, and other acts in books or documents that facilitate evasion. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3450