Gift-Tax Act, 1958

Prosecution.

35. (1) If any person fails without reasonable cause,-

(a)	-	to furnish in due time any return of gifts under this Act;
(b)	-	to produce, or cause to be produced, on or before the date mentioned in any notice under 32[* * *] sub-section (4) of section 15, such accounts, records and documents as are referred to in the notice;
(c)	-	33[* * *]

he shall, on conviction before a magistrate, be punishable with fine which may extend to rupees ten for every day during which the default continues.

(2) If a person makes a statement in a verification in any return of gift furnished under this Act or in a verification mentioned in section 22, 23 or 25 which is false, and which he either knows or believes to be false, or does not believe to be true, he shall, on conviction before a magistrate be punishable with simple imprisonment which may extend to one year, or with fine which may extend to rupees one thousand, or with both.

³⁴[(2A) If a person abets or induces in any manner another person to make and deliver an acc .... To read the full section download the app from Google Play store