Whether every evasion of tax and false verification are punishable under the provisions of the Income Tax Act, 1961?

Whether every evasion of tax and false verification are punishable under the provisions of the Income Tax Act, 1961?

Tax Law

That as per Section 276 C of the Income Tax Act, 1961 (“IT Act”), if a person willfully attempts in any manner whatsoever to evade any tax, penalty or interest chargeable or imposable, or under reports his income, under the IT Act, he shall, without prejudice to any penalty that may be imposable on him […]

Whether every evasion of tax and false verification are punishable under the provisions of the Income Tax Act, 1961? Read More »