News Cover: Income tax department will take strict action against tax defaulters. According to the Revised Guidelines of the Income Tax Department, the crimes committed under the Blackmoney and Benami laws will be seen as serious, which are not yet seen. If a person or organization steals tax, then the case will not be completed only if you pay tax, penalties or interest. The new guideline of income tax has been introduced from 17 June 2019. From today onwards all acts of tax evasion will be viewed as a serious offense.
There are 13 types of cases listed in the Revised Guidelines. CBDT has instructed its top executives to rely on all cases of tax evasion. These 13 cases were not yet seen as serious offenses.
According to the source, according to Section 115-0 or Chapter XVII-B of Income Tax, if you do not pay tax, then it will be seen as a category A. If an organization or person does not pay tax by source, then it will also be seen as an A category offense.
In Category B, the company or person will make willful default to tax evasion. As well as if you presenting the wrong information, then you are in the B category.
the information you have updated is very good and useful, please update further.
ReplyDeleteif you require any info regarding TAX & GSTR please visit
Tax consultants in bangalore
Income Tax Consultants in Bangalore
This is my first time visit to your blog and I am very interested in the articles that you serve. Provide enough knowledge for me. Thank you for sharing useful and don't forget, keep sharing useful info: breaking news
ReplyDeletePretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I'll be subscribing to your feed and I hope you post again soon. Big thanks for the useful info. theplaynews.com/
ReplyDeleteWe have sell some products of different custom boxes.it is very useful and very low price please visits this site thanks and please share this post with your friends. click here
ReplyDelete