One w ho comm its an offense as referre d to in the follow ing c lauses of Se ction 22 sha ll be punished as follow s:
(a) One who commits the offense as re ferred to in clauses (a), (b) a nd (c) sha ll be punished w ith a fine equivalent to the amount in contro versy, w ith confiscation of the amount in contro versy, or w ith im prisonme nt for a term
not exceeding One year or with both.
(b) One who comm its the offense a s re ferred to in Clause (b) sha ll be punished with a fine not excee ding One
Thousa nd Rupees, according to the nature of offense.