https://www.taxtmi.com/article/detailed?id=5266 Fraud and collusion nullify otherwise solemn proceedings; intentional false representations, suppression of material documents, or deceptive conduct to evade tax constitute fraud in law, attracting revenue recovery and penal consequences. Proof may rest on preponderance or strong circumstantial evidence rather than mathematical certainty, and when fraud is established limitation periods and adjudications are not permitted to shield the wrongdoer. Tax statutes operate to protect economic interest, requiring restoration of undue gains and denial of relief to parties who misrepresent or conceal to the Revenue's detriment. en-us Thu, 05 Sep 2013 14:58:42 +0530 Thu, 05 Sep 2013 14:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5266 Fraud and collusion nullify otherwise solemn proceedings; intentional false representations, suppression of material documents, or deceptive conduct to evade tax constitute fraud in law, attracting revenue recovery and penal consequences. Proof may rest on preponderance or strong circumstantial evidence rather than mathematical certainty, and when fraud is established limitation periods and adjudications are not permitted to shield the wrongdoer. Tax statutes operate to protect economic interest, requiring restoration of undue gains and denial of relief to parties who misrepresent or conceal to the Revenue's detriment. Articles Customs - Import - Export - SEZ Thu, 05 Sep 2013 14:58:42 +0530 https://www.taxtmi.com/article/detailed?id=5266