TaxTMI Login
Just a moment...
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>Tax Board Urges Swift Prosecution in Search and Seizure Cases to Combat Evasion; Cites Income Tax Act Provisions.</h1> The circular from the Central Board of Direct Taxes addresses the need for timely prosecution in search and seizure cases to deter tax evasion. It highlights the lack of deterrence due to insufficient prosecutions and the tendency of assessees to seek immunity from the Settlement Commission. Relevant provisions under the Income Tax Act and the Indian Penal Code are outlined for launching prosecutions. The circular urges officials to prioritize filing prosecution complaints promptly to prevent assessees from gaining immunity. The performance of officials will be evaluated based on the number and quality of cases initiated, with progress to be reported monthly.
TaxTMI 
TaxTMI 
