Centralisation of tax investigations: prioritise fraud, organised evasion, repeat violations and asset transfers; extended retention needs approval. Transfers to Investigation/Central Circles are to be guided by factors such as the likelihood of establishing tax fraud for prosecution, coverage of diverse direct tax offences across strata and regions, emphasis on notorious high bracket evaders and organised malpractices, evidence of repeated or flagrant violations, prior convictions for serious economic offences, and attempts to fritter away or transfer assets to evade liability; investigations should normally be completed within three or four years and retention beyond four years requires Board approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Centralisation of tax investigations: prioritise fraud, organised evasion, repeat violations and asset transfers; extended retention needs approval.
Transfers to Investigation/Central Circles are to be guided by factors such as the likelihood of establishing tax fraud for prosecution, coverage of diverse direct tax offences across strata and regions, emphasis on notorious high bracket evaders and organised malpractices, evidence of repeated or flagrant violations, prior convictions for serious economic offences, and attempts to fritter away or transfer assets to evade liability; investigations should normally be completed within three or four years and retention beyond four years requires Board approval.
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TaxTMI 
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TaxTMI 
