https://www.taxtmi.com/acts?id=6432 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. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 13 Sep 2012 15:25:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6432 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. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6432