Section 192 of Income Tax Ordinance, 2001 has recommended a three-year jail for a person making a false statement before the commissioner Inland Revenue (IR). Besides, it may also include fine for the offence.
Following is the text of Section 192 of Income Tax Ordinance, 2001:
192. Prosecution for false statement in verification. — Any person who makes a statement in any verification in any return or other document furnished under this Ordinance which is false and which the person knows or believes to be false, or does not believe to be true, the person shall commit an offence punishable on conviction with a fine upto hundred thousand rupees or imprisonment for a term not exceeding three years, or both.
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