Amendment status not verified — confirm the current text below against the official source.
If any person required to furnish any information or return under section 151- (a) withoutreasonablecausefailstofurnishsuchinformation or return as may be required under that section, or (b) willfullyfurnishes or causes to furnish any information or return which he knows to be false, he shall be punishable with a fine which may extend to ten thousand rupees and in case of a continuing offence to a further fine. which may extend to one hundred rupees for each day after the first dayduring which the offence continues subject to a maximum limit of twenty-five thousand rupees.