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SECTION 276CCC
End of arbitrary arrest by income tax officers? New Income Tax Bill 2025 proposes to decriminalise Section 276CCCIncome Tax Bill, 2025: The new tax Bill has proposed to decriminalise Section 276CCC of the Income Tax Act, 1961. This Section (276CCC) is ...- Taxman pressing ahead with prosecution noticesTill now prosecution provision was invoked on wilful evaders. Now, proceedings are being initiated even for delayed remittance of TDS by bu...
- Black money list: Penalty won't insulate against prosecutionIn LGT bank case, IT department had assessed total income of the 18 accused at Rs 40 crore and tax and penalty levied on them was around Rs...
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