Tax Defaulters have no escape – IT Dept to Arrest and Prosecute evaders

The Income Tax Department has gone into strict measures to curb the tax default resulting into use of its never used power , to arrest and prosecute evaders, after its say to publish the name of the defaulters in the newspaper.

The step comes in the backdrop of the government initiating various steps to curb generation of black money in the country and the recent notification on the creation of the first-ever Criminal Investigation (CI) unit in the I-T Department.

The I-T Department, through its Tax Recovery Officer (TRO), has been bestowed with the powers to “arrest and detain” in prison a tax defaulter and carry out subsequent stringent penal action against the individual under the provisions of the Income Tax Act to recover arrears.

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Taniya | Associate

eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 12 years.

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