Penalty for false entry, etc., in books of account - Section 271AAD

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....his Act, - it is found that in the books of account maintained by any person there is - * a false entry; or * an omission of any entry which is relevant for computation of total income of such person, to evade tax liability, - the Assessing Officer or the Joint Commissioner (Appeals) or the Commissioner (Appeals) [Amended by FA, 2023] may direct that such person - shall pay by way of penal....