Penalty for false entry, etc., in books of account.

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....nder this Act, it is found that in the books of account maintained by any person there is- (a) a false entry; or (b) an omission of any entry which is relevant for computation of total income of such person, to evade tax liability. (2) Without prejudice to sub-section (1), the Assessing Officer or the Joint Commissioner (Appeals) or the Commissioner (Appeals) may impose a pena....