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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Wilful attempt to evade tax, etc. - Punishable offence - False ...

Case Laws     Income Tax

November 28, 2017

Wilful attempt to evade tax, etc. - Punishable offence - False claim of depreciation on land - the same is scrutinized, firstly, by the auditors of the company. Secondly, by the directors of the company before endorsing their signatures on the final Balance Sheet. Therefore, it cannot be considered as a mere accounting mistake - HC

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