Section 195: Prosecution for making false or misleading statements

195. Prosecution for making false or misleading statements. — (1) A person who – (a) makes a statement to 8[an income tax authority] that is false or misleading in a material particular; or (b) omits from a statement made to 9[an income tax authority] any matter or thing without which the statement is misleading in a material particular, shall commit an offence punishable on conviction – (i) where the statement or omission was made knowingly or recklessly, with a fine or imprisonment for a term not exceeding two years, or both; or (ii) in any other case, with a fine. (2) A person shall not commit an offence under sub-section (1) if the person did not know and could not reasonably be expected to have known that the statement to which the prosecution relates was false or misleading. (3) 1[“Entry against S.No 10 in column (2) of the Table in sub-section (1) of section 182”] shall apply in determining whether a person has made a statement to 2[an income tax authority].

Effective date: 2001-09-13

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