https://www.taxtmi.com/acts?id=11902 The provision establishes an offence for making a false statement in verification or delivering an account the declarant knows, believes to be false, or does not believe to be true. It prescribes two tiers of criminal punishment tied to the amount of tax that would have been evaded: a higher tier with longer imprisonment and larger fines where the evaded tax exceeds a statutory threshold, and a lower tier with shorter imprisonment and smaller fines in other cases. en-us Fri, 17 Sep 2010 11:48:12 +0530 Fri, 17 Sep 2010 11:48:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11902 The provision establishes an offence for making a false statement in verification or delivering an account the declarant knows, believes to be false, or does not believe to be true. It prescribes two tiers of criminal punishment tied to the amount of tax that would have been evaded: a higher tier with longer imprisonment and larger fines where the evaded tax exceeds a statutory threshold, and a lower tier with shorter imprisonment and smaller fines in other cases. Act-Rules Bill Fri, 17 Sep 2010 11:48:12 +0530 https://www.taxtmi.com/acts?id=11902