Whoever commits forgery shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both. Section 337 Forgery of record of Court or of public register, etc.The offence of Forgery as such is punishable under section 465 IPC with imprisonment which may extend to two years, or with fine, or with both. : Punishment for forgery is imprisonment for up to 2 years, a fine, or both. Section 336: Forgery. Official website of the U.S. Department of Justice (DOJ).