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Punishment for wilful attempt to evade tax.

Section 51 - Acts - OFFENCES AND PROSECUTIONS - Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - Section 51 - 51. (1) If a person, being a resident other than not ordinarily resident in India within the meaning of .....

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ess than three years but which may extend to ten years and with fine. (2) If a person wilfully attempts in any manner whatsoever to evade the payment of any tax, penalty or interest under this Act, he shall, without prejudice to any penalty that may .....

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fine. (3) For the purposes of this section, a wilful attempt to evade any tax, penalty or interest chargeable or imposable under this Act or the payment thereof shall include a case where any person- (i) has in his possession or control any books of .....

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documents; or (iii) wilfully omits or causes to be omitted any relevant entry or statement in such books of account or other documents; or (iv) causes any other circumstance to exist which will have the effect of enabling such person to evade any tax .....

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