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>Wealth Tax Officers Urged to Enforce Penalties u/s 18(1)(a) to Prevent Revenue Losses and Audit Criticism.</h1> The circular addresses the failure of Wealth Tax Officers to levy penalties under section 18(1)(a) of the Wealth Tax Act, 1957, as highlighted in a previous instruction. The Board expresses concern over revenue losses due to these omissions, which have been negatively noted in audit reports. It mandates that all officers ensure penalties are imposed in relevant cases and warns of strict action against officers who fail to comply. This directive aims to rectify lapses and improve adherence to the Wealth Tax Act requirements.
TaxTMI 
TaxTMI 
