Amendment status not verified — confirm the current text below against the official source.
FAILURE TO MAKE RETURNS, ETC. Whoever - (a) fails, without reasonable cause, to submit in due time any return required by or under the provisions of this Act or submits a false return ; or (b) fails or neglects, without reasonable cause, to comply with any requirement made of, or any obligation laid on him under the provisons of this Act; or Ex-514/95 - 8 - (c) fraudulently evades payment of any tax due under this Act, or conceals his liability to tax; shall, on conviction before a magistrate and in addition to any tax or penalty or both that may be due from him; be punishable with imprisonment which may extend to six months or with fine not exceeding five hundred rupees or with both. CHAPTER-VII MISCELLANEOUS