Section 23. Penalty for making false returns

CHAPTER VI MISCELLANEOUS 23. Penalty for making false returns .—Any person who being required by or under this Act to furnish any return fails to furnish such return or furnishes a return containing any particular which is false and which he knows to be false or does not believe to be true shall[2] [be liable to penalty which may extend to ten thousand rupees]. 3[24. Penalties for obstructing a member or officer of Authority in discharge of his duties and for failure to produce books and records .—Any person who— (a) obstructs any member authorised by the Chairman in writing or any officer or other employee of the Authority authorised by it in this behalf or any person authorised in this behalf by the Central Government or by the Authority, in the exercise of any power conferred, or in the discharge of any duty imposed, on him by or under this Act, shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both; (b) having control over or custody of any account book or other record, fails to produce such book or record when required to do so by or under this Act, shall be liable to penalty which may extend to ten thousand rupees.