Section 24A. Punishment for failure to furnish return or supplementary return or false return or supplementary return under section 11A

If any person bound to file a return or supplementary return under section 11A does not file the return or supplementary return within the time specified in that section, or files a return or a supplementary return under the said section, which he knows or has reason to believe to be false, he shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to Rs. 2000/-or with both.