Tag:
Tax Evasion
Columns
Tax Evasion Leads To Arrest: Knowing Your Rights – By CA Ashu Dalmia
The article “Tax Evasion Leads To Arrest, Knowing The Law Leads To Your Rights” has been authored by CA Ashu Dalmia, with valuable research...
Direct Tax
200% Penalty for False Deduction Claims; Govt. Tightens ITR Norms to Curb Tax Evasion
Government shall Impose 200% Penalty of the tax due, 24% interest per annum, and even prosecution under Section 276C of the Income Tax Act...
Indirect Taxes
Short Payment Detected During Audit Doesn’t Indicate Tax Evasion, But Points Superintendent’s Lapse: CESTAT
The Delhi bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that short payment detected during audit does not indicate tax...
Direct Tax
I-T Dept. Intensifies Probe: Unusual Data Sources Used to Track Tax Evasion
The Income Tax (I-T) Department has ramped up its investigation efforts, leaving no stone unturned in tracking potential tax evasion across multiple sectors. Businesses...
Breaking
US Tax Court Imposes Fraud Penalty For Tax Evasion On Unreported Income
The US Tax Court has imposed the fraud penalty for tax evasion on unreported income.The bench of Justice Goeke has observed that he fraudulently...
Breaking
Regulatory Measures Under GST Laws Ensures To Prevent Tax Evasion, Not Violative Of Fundamental Rights : Calcutta High Court
The Calcutta High Court has held that regulatory measures under the GST laws are necessary to ensure compliance and prevent tax evasion and do...