https://www.taxtmi.com/article/detailed?id=13313 The document sets out the Income Tax Act's criminal provisions and procedural safeguards for launching prosecution, identifying offences such as concealment, willful evasion, failure to furnish returns, falsification of accounts, obstruction during search and seizure, and failures relating to tax deducted or collected at source. It explains that prosecution requires sanction by the competent authority and, for specified categories, prior administrative approval of a collegium of two senior officers, describes the collegium decision process and exception handling, and notes that ordinary criminal limitation does not apply to Income Tax Act offences. en-us Sat, 11 Jan 2025 10:21:32 +0530 Sat, 11 Jan 2025 10:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13313 The document sets out the Income Tax Act's criminal provisions and procedural safeguards for launching prosecution, identifying offences such as concealment, willful evasion, failure to furnish returns, falsification of accounts, obstruction during search and seizure, and failures relating to tax deducted or collected at source. It explains that prosecution requires sanction by the competent authority and, for specified categories, prior administrative approval of a collegium of two senior officers, describes the collegium decision process and exception handling, and notes that ordinary criminal limitation does not apply to Income Tax Act offences. Articles Income Tax Sat, 11 Jan 2025 10:21:32 +0530 https://www.taxtmi.com/article/detailed?id=13313