Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Contractors penalized for tax evasion face a 3-year ban on government contracts under Income-tax Act, 1961.</h1> Contractors penalized or convicted for tax evasion will be denied income-tax clearance certificates, preventing them from securing government contracts. This policy applies to penalties under the Income-tax Act, 1961, and the Wealth-tax Act, 1957, as well as convictions under related sections of these acts and the Indian Penal Code. The prohibition lasts three years from the penalty or conviction date. The application form for tax clearance has been updated to reflect these changes, requiring detailed income and tax information. Ministries and associated entities must comply with these guidelines for contract awards.
TaxTMI 
TaxTMI 
