Wilful tax evasion: prosecution may be initiated where a person deliberately evades tax, penalty or interest or under-reports income. Prosecution under Section 276C(1) is instituted where a person wilfully attempts to evade any tax, penalty or interest chargeable or imposable under the ... Summary
Wilful tax evasion: prosecution may be initiated where a person deliberately evades tax, penalty or interest or under-reports income.
Prosecution under Section 276C(1) is instituted where a person wilfully attempts to evade any tax, penalty or interest chargeable or imposable under the Act, or where a person under-reports income; the provision requires deliberate conduct (wilfulness) to trigger penal proceedings.
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