Commercial Offences & Prosecutions Under Income Tax Law By Ram Dutt Sharma Edition May 2022

Commercial Offences Prosecutions Under Income Tax Ram Dutt Sharma

Commercial Offences Prosecutions Under Income Tax Ram Dutt Sharma

Description

Prosecution is a potential weapon in the hands of the Income-tax department to tackle tax evasion. The Income Tax Department always insists on voluntary compliance among the taxpayers to avoid the consequences that result out of non-compliance. Apart from penalties, there are offences that are prosecuted under the Income Tax Act. In this book an attempt has been made to give an overview of the provisions relating to offences and Prosecutions under the Incometax Act and also an attempt has been made to compile an exhaustive check-list for the department as well as professionals.

This book aims at standardizing the procedures for processing cases for prosecution and also ensuring proper guide in the matter. Latest guidelines for compounding of offences as approved by the CBDT have been incorporated. New guidelines on procedure for identification and processing for prosecution are also incorporated.

This book has also brought into focus provisions contained in other enactments with special reference to Indian Penal Code and Criminal Procedure Code. Relevant case laws and circulars-instructions of the CBDT have also been made part of this book. The amendments made by the Finance Act, 2022 have been incorporated at appropriate places in this book.

About the Author

Ram Dutt Sharma got his post-graduation (M.Sc.) from M.D. University, Rohtak in 1980. He joined the Income-tax Department in the year 1983 and presently working as Income Tax Officer in Faridabad. He worked at various stations of North-West Region of Income Tax Department. He has wide experience of all wings of income Tax Department such as assessment unit, Special Range, TDS Wing, Investigation Wing, Intelligence and Criminal Investigation etc. He has been contributing articles and addressing on topics relating to Income Tax at Direct Tax, Regional Training Institute, Chandigarh. He has also addressed number of seminars organized by the Income-tax Department, Chartered Accountants, Advocates and various Trade Associations. He is the author of number of books on direct taxes, namely Computation of income from salary under income tax law with tax planning, Computation of income from house property, Formation and Management of Charitable and Religious Trust, Educational and Medical Institutions under income-tax law, Taxation of Non-Resident Indians under income-tax law etc. which have been highly appreciated by the readers.