(1) If any person willfully attempts to evade any tax payable under this Act by any means, he shall be liable to imprisonment for a term which may extend to 5 (five) years but not less than 6 (six) months, or to fine or to both.
(2) A person shall be deemed to have willfully attempted to evade the tax payable under this Act, if he-
(a) conceals particulars of income;
(b) willfully furnishes false information about assets, liabilities and expenses to reduce liability to pay income tax,
(c) furnishes any false information or statement in respect of any
account or other document under his possession or control, which is connected with any proceeding under this Act,
(d) furnishes or makes any false information, or statement, in accounts or other statements;
(e) intentionally omits or makes any relevant information or statement in the accounts or other statements; or
(f) takes any other initiative for the purpose of non-payment of income-tax payable under this Act.
