https://www.taxtmi.com/acts?id=38814 Where books of account contain a false entry or an omission relevant to computing total income to evade tax, the Assessing Officer or specified appellate officers may direct the person to pay a penalty equal to the aggregate amount of such false or omitted entries; the same officers may also direct that any person who causes such false entries or omissions shall pay a penalty equal to that aggregate amount. "False entry" includes use or intended use of forged or falsified documents, invoices without actual supply or receipt, and invoices involving non existent persons. en-us Wed, 01 Apr 2020 14:02:39 +0530 Tue, 05 Aug 2025 14:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38814 Where books of account contain a false entry or an omission relevant to computing total income to evade tax, the Assessing Officer or specified appellate officers may direct the person to pay a penalty equal to the aggregate amount of such false or omitted entries; the same officers may also direct that any person who causes such false entries or omissions shall pay a penalty equal to that aggregate amount. "False entry" includes use or intended use of forged or falsified documents, invoices without actual supply or receipt, and invoices involving non existent persons. Act-Rules Income Tax Wed, 01 Apr 2020 14:02:39 +0530 https://www.taxtmi.com/acts?id=38814