LawgistThe Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act
53Punishment for abetment
If a person abets or induces in any manner another person to make and deliver an account or a statement or declaration relating to tax payable under this Act which is false and which he either knows to be false or does not believe to be true or to commit an offence under sub-section (1) of section 51, he shall be punishable with rigorous imprisonment for a term which shall not be less than six months but which may extend to seven years and with fine.
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OFFENCES AND PROSECUTIONS
- 48 Chapter not in derogation of any other law or any other provision of this Act
- 49 Punishment for failure to furnish return in relation to foreign income and asset
- 50 Punishment for failure to furnish in return of income, any information about an asset (including financial interest in any entity) located outside India
- 51 Punishment for wilful attempt to evade tax
- 52 Punishment for false statement in verification
- 53 Punishment for abetment
- 54 Presumption as to culpable mental state
- 55 Prosecution to be at instance of Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner
- 56 Offences by companies
- 57 Proof of entries in records of documents
- 58 Punishment for second and subsequent offences
