'Tax evasion offences' presentation slideshows

New rules make it difficult for Taxpayers to escape just by paying penalty

Under the new rules, the Central Board of Direct Taxes (CBDT) has issued the guidelines for tax defaulters. It clearly states that any offences associated with any misconduct of activity shall not be compoundable. As per this strict rule, those evading taxes would no longer be able to compound their offences just by paying a penalty to avoid any prosecution.

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