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Section 54 Penalty for false information - The Benami Transactions (Prohibition) Amendment Act 2016

What is the Penalty for false information? Section 54 of The BTP (Prohibition) Amendment Act 2016

Section 54 : Penalty for false information

Any person who is required to furnish information under this Act knowingly
gives false information to any authority or furnishes any false document in any proceeding under this Act, shall be punishable with rigorous imprisonment for a term which shall not be less than six months but which may extend to five years and shall also be liable to fine which may extend to ten per cent. of the fair market value of the property

 

 

   

 

 
 

 

Benami Transactions (Prohibition) Amendment Act, 2016

Section 51 Application of Code of Criminal Procedure 1973 to proceedings before Special Court

Section 52 Appeal and revision

CHAPTER VII OFFENCES AND PROSECUTION

Section 53 Penalty for benami transaction

Section 54 Penalty for false information

Section 55 Previous sanction

CHAPTER VIII MISCELLANEOUS

Section 56 Repeal of provisions of certain Acts

Section 57 Certain transfers to be null and void

Section 58 Exemption

Section 59 Power of Central Government to issue directions etc

Section 60 Application of other laws not barred

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