Government goes after tax evaders, 3-fold jump in the prosecution

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Government goes after tax evaders, 3-fold jump in the prosecution
Government goes after tax evaders, 3-fold jump in the prosecution

Government goes after tax evaders, 3-fold jump in the prosecution: Tax criminals cannot desire to take smoothly anymore. The income tax department started prosecution inside to 7,700 cases during 2017-18. Certain three-fold jump compared to the last year.

Likewise, there was a near four-fold advance in the prosecution fill in court. So, that increases over 4,500 in 2017-18 compared to 1,252 in the last year, data approached.

In the last year, the efforts have resulted in the confidence of 75 tax evaders as the last financial year, compared to 16. The government was flexible in pursuing those who did not pay taxes although a tax demand had been increased. In some cases, ones who had to file returns got away without really doing action.

A senior tax official said that if you want free submission in 99% of the cases then you have to aim those who are not according to the rule. You cannot obtain after performing serious tax offenses in other countries.

As per record, in some cases, people were not even afraid of searches and used them to clear their responsibility.

Furthermore, there were some examples where the tax decreased at the source. But, the amount decreased. Another senior officer said that this is a serious offense and we are taking it very sincerely.

As a result, the government focus on cases where there is a willful attempt to evade taxes . Else, fine with regular late returns and false statements are under the analyzer.

The prosecution was a central agenda point in last year’s action plan, along with combination in case of less serious offenses and the department expected to retain the focus throughout the present financial year as well.

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