Bare ActsThe Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Section 52

Punishment for false statement in verification.

Amendment status not verified — confirm the current text below against the official source.

If a person, makes a statement in any verification under this Act or under any rule made thereunder, or delivers an account or statement which is false, and which he either knows or believes to be false, or does not believe to be true, he shall be punishable with rigorous imprisonment for a term which shall not be less than six months but which may extend to seven years and with fine.

Section 52 – The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 | DailyLaw.ai