Not replying to queries from the Income Tax Department in India can have various consequences, as the department has the authority to enforce compliance with... Read More
Tax evasion
Do you get confused between the terms’ tax evasion and ‘tax avoidance? If yes, you are at the right place to know the difference between... Read More
Tax evasion is unlawful action where an individual willingly tries to escape paying the true amount of tax imposed on him. Intentionally not paying taxes... Read More
![Tax Evasion](https://www.itrtoday.com/wp-content/uploads/2016/12/evasion.jpg)
Introduction to Tax Evasion Tax evasion refers to any attempt to avoid payment of taxes by using illegal means. Some of the common forms of... Read More
Penalty Provisions under GST (From Model GST Law) In GST law penalty provisions are harsher and stricter for tax evader. Taking the intention forward, the... Read More
![You can report a tax evader and win handsome rewards](https://www.itrtoday.com/wp-content/uploads/2016/10/Win-Reward-as-you-Inform-Tax-Evader.jpg)
As you are aware that the deadline for Income disclosure scheme (IDS) was over on 30th September 2016. Few would be aware that the Income... Read More
The Hissaria brothers vs. CIT case has taken another twist. Recently another judgement was passed by the Rajasthan stated that the penalty proceeding for default... Read More
Know how and when it gets worse– from limited tax scrutiny to full tax scrutiny Knowing tax and its components properly is hands down a... Read More
![Caught with tax evasion](https://www.itrtoday.com/wp-content/uploads/2016/09/caught-with-tax-evasion.jpg)
Tax Evasion Every year the government makes repeated appeals and reminders to the tax payers through all possible media. Caught with Tax Evasion. There are... Read More
![Tax evasion can land you in deep trouble](https://www.itrtoday.com/wp-content/uploads/2016/09/Tax-evasion-can-land-you-in-deep-trouble.jpg)
Individuals have the liberty to self assess their income and pay taxes accordingly. However that does not mean that if someone conceals a particular source... Read More