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Tax defaulters beware: I-T dept initiates plan to prosecute serial dodgers

The tax department will have to finalise benami cases for FY14, FY15 and FY16 by end of this month

Shrimi Choudhary  |  Mumbai 

Seeking to send a stern message, the income tax (I-T) department has initiated a plan to take strident action against tax evaders. This is to ensure they are prosecuted without requiring the assessment to get over.  This follows an action plan drawn up by the Central Board of Direct Taxes (CBDT) where an aggressive strategy was outlined to nab tax dodgers. The CBDT had circulated a strategy paper for the investigation team of the I-T wing, saying the taxman should prosecute tax evaders in large numbers to create a credible deterrence against the black money ...

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First Published: Fri, July 07 2017. 00:43 IST
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