IPC Section 263
IPC Section 263 – Punishment for fraudulently making false entries in accounts, etc.
Text of the Law:
"Whoever, being a clerk or servant, or being employed as a public servant or as an accountant or as an agent, fraudulently makes any false entry in any book, account or other record, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both."
Key Points:
Applies to persons in certain positions, such as:
Clerk or servant
Public servant
Accountant
Agent
The offense involves:
Fraudulently making false entries in:
Books
Accounts
Other records
The act must be intentional and dishonest.
Punishment:
Imprisonment up to 2 years, or
Fine, or
Both
Illustration:
If a company accountant deliberately records fake transactions in the books to deceive others or conceal fraud, they can be punished under Section 263 IPC.
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