https://www.taxtmi.com/news?id=14579 The CBDT states that decisive penalties and prosecution should be pursued only in known, large-scale tax-evasion cases where intrusive search-and-seizure action under Section 132 has been taken after intelligence-led selection and due diligence, because mere tax recovery in such exceptional cases lacks sufficient deterrent effect and undermines voluntary compliance. en-us Tue, 09 Jun 2015 09:44:14 +0530 Tue, 09 Jun 2015 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14579 The CBDT states that decisive penalties and prosecution should be pursued only in known, large-scale tax-evasion cases where intrusive search-and-seizure action under Section 132 has been taken after intelligence-led selection and due diligence, because mere tax recovery in such exceptional cases lacks sufficient deterrent effect and undermines voluntary compliance. News - Tue, 09 Jun 2015 09:44:14 +0530 https://www.taxtmi.com/news?id=14579