(1) If any person wilfully attempts to evade the tax payable under this Act by any means, he shall be punished with imprisonment for a term which may extend to 5 (five) years but not less than 6 (six) months, or with fine or with both.

(2) A person shall be deemed to have wilfully attempted to evade any tax payable under this Act by any scheme, if he—

(a) conceals particulars of income;

(b) wilfully 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; or

(d) prepares or causes 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.