Repealed or not in force · As amended up to 2026-08
17. Penalties.—If any person—
(a) in any return to be furnished under this Act makes any statement which is false and which he knows to be false or does not believe to be true, or
(b) obstructs any officer of the Board in the exercise of any power conferred, or in the discharge of any duty imposed, on him by or under this Act, or
(c) having the control or custody of any account book or other record, fails to produce such book or record, when required to do so under this Act, he shall be punishable with imprisonment which may extend to one year, or with fine which may extend to one thousand rupees, or with both.
Source: India Code