Penalty

Penalty.—(1) Any person who being a proprietor liable to pay the luxury tax under this Act,—

1. (a) submits or allows or causes to be submitted an incorrect or incomplete return or fails to submit the return as required by or under the provisions of this Act; or
2. (b) fraudulently evades or allows to be evaded the payment of any luxury tax due from him; or
3. (c) fraudulently makes or causes or allows to be made any wrong entry in or fraudulently omits or causes or allows to be omitted any entry from any statement submitted or any accounts or register; or
4. (d) contravenes, or fails to comply with, any of the provisions of this Act or the rules made thereunder or any order or direction made or given thereunder, shall, if no other penalty is provided under this Act for such contravention or failure, be liable to the imposition of penalty not exceeding double of the amount of tax involved.

1. (2) The officer of the rank of the Excise and Taxation Officer/the Assistant Excise and Taxation Officer, appointed under sub-section
2. (2) of section 3, may, after affording to the person concerned reasonable opportunity of being heard, impose penalty specified under sub-section (1).