Search Results for Tag : Tax evasion

News

SEBI Bars 22 Entities for Tax Evasion via Bourses(18.02.2016)

Securities and Exchange Board of India (SEBI) has barred 22 entities from the market for their role in using stock options to generate artificial capi.....

Tags : Securities and Exchange Board of India, Tax Evasion

Top Story

CBDT launches e-portal for filing complaints regarding tax evasion(12.01.2021)

The Central Board of Direct Taxes has launched an automated dedicated e-portal on the e-filing website of the Department to receive and process compla.....

Tags : Tax evasion, E-portal, Launch

Delhi HC: Income Tax Evasion Complaint Not Premature Despite Pending Reassessment(12.08.2025)

Delhi HC has held that pending reassessment does not bar prosecution under Sections 276-C/277 of the Income Tax Act. The complaint by an authorised of.....

Tags : Delhi High Court, Income Tax Act, Tax Evasion, Criminal Prosecution, Neena Bansal Krishna

Notifications & Circulars

Union Finance Minister said Goods and Services Tax is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society(29.05.2017)

Inaugurating the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) Campus in the Bengaluru today, the Union Finance Minister Shri Arun.....

Tags : GST, Efficient, Tax evasion, Checks

Gujarat HC: To Compound Tax Evasion Offences, Assessee Should Pay Whole Tax Amount Evaded(31.01.2020)

Gujarat High Court has held that 100% of the tax sought to be evaded is to be paid for compounding of a tax evasion offences under Section 276C (1) of.....

Tags : Gujarat High Court, Compounding of Tax Evasion Offence

P&H HC: IPC Can’t be Invoked for Entry Tax Evasion as VAT Act Doesn’t Provide for Registration of FIR(01.12.2022)

Punjab and Haryana High Court has held that since the provisions of the VAT Act do not provide for the registration of the FIR and the said Act is a C.....

Tags : Punjab and Haryana High Court, VAT, Entry Tax Evasion

DGGI busts racket for tax evasion worth more than Rs. 72 crore of clandestine clearance of cigarettes(22.07.2020)

Acting on specific intelligence the Directorate General of Goods and Service Tax Intelligence, Headquarters (DGGI, Hqrs) has unveiled a racket of clan.....

Tags : Tax evasion, clandestine clearance, Cigarettes

Madras HC: No Willful Avoidance of Tax under Section 276C (2) of Income Tax Act(29.03.2022)

Madras High Court has declared that an assessee who simply fails to pay tax on time under Section 276C (2) of the Income Tax Act, 1961 cannot be prose.....

Tags : Madras High Court, Assessee, Tax evasion

Income Tax Department conducts search on a prominent business group in Delhi(23.10.2019)

Income Tax Department conducted search operation on a group based in Delhi in connection with tax evasion and money laundering. The group is engaged i.....

Tags : Business group, Tax evasion, Search

SC Issues Notice to IT Dept on DK Shivakumar's Plea for Discharge from Tax Evasion Charges(21.07.2020)

Supreme Court has issued notice to the Income Tax Department in a plea filed by Karnataka Congress President, DK Shivakumar, urging the removal of cha.....

Tags : Supreme Court, Discharge from Tax Evasion Charges

CBDT Launches Online Portal for Filing Complaints Regarding Tax Evasion(13.01.2021)

Central Board of Direct Taxes has launched an automated dedicated online portal on the e-filing website of the Department to receive and process compl.....

Tags : CBDT, Online Portal, Tax Evasion