Failure to furnish returns of income

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....ction or section 115WH, or the return of income which he is required to furnish under sub-section (1) of section 139, or by notice given under clause (i) of sub-section (1) of section 142, or section 148, or section 153A, he shall be punishable- (a) with simple imprisonment for a term up to two years, or with fine, or with both, where the amount of tax, which would have been evaded if the....

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....turn is furnished by him before the expiry of the assessment year or a return is furnished by him under sub-section (8A) of section 139 within the time provided in that sub-section; or (b) the tax payable by such person, not being a company, on the total income determined on regular assessment, as reduced by the advance tax or self-assessment tax, if any, paid before the expiry of the ass....

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....nbsp;w.e.f. 01-07-2012 before it was read as, "one hundred thousand rupees"  7. Substituted vide Section 107 of the Finance Act, 2012 w.e.f. 01-07-2012 before it was read as, "three years"   8. Substituted vide Section 54 of the Finance Act, 2018 before it was read as, "tax payable by him"  9.  Substituted vide Section 66 of the&nb....

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....of the said section or section 115WH or] the return of income which he is required to furnish under sub-section (1) of section 139 or by notice given under ^3[clause (i) of sub-section (1) of section 142] or section 148 ^4[or section 153A], he shall be punishable,- (i) in a case where the amount of tax, which would have been evaded if the failure had not been discovered, exceeds ^6[twenty....