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[Cites 0, Cited by 7] [Entire Act]

Union of India - Section

Section 24 in The Interest-Tax Act, 1974

24. False statements. [Substituited by Act No. 49 of 1991 w.e.f. 1.10.1991 ]

If a person makes a statement in any verification under this Act or 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 three months but which may extend Lo sever. years and with fine.