Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide
These rewards schemes also have limitations, such as excluding government employees and requiring specific documentation. Despite these limitations, the schemes play a crucial role in enhancing transparency and accountability in the Indian tax system.... Read More
Tax evasion
What would be Consequences of not Replying to Queries by Income Tax Department India
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
What is Tax Avoidance and How it is Not Same as 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
What are the Causes of Tax Evasion and Ways to Control It?
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
Penalties for Tax Evasion in India
5 min read
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 Act as per Model GST Law
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
Income Disclosure Scheme(IDS) over, now you can report a tax defaulter and win the handsome reward
3 min read
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
Another interesting turn in Hissaria brothers vs. CIT Case
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
What if you are caught with tax evasion?
3 min read
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
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar 
Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption 
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?