Income tax Update

1. Sharp increase in prosecutions of tax evaders by Income Tax Department.
During FY 2017-18(upto end of November, 2017), the Department filed Prosecution complaints for various offences  in 2225 cases compared to 784 for the corresponding period in the immediately preceding year.

2. The Income Tax Department is committed to carry forward the drive against tax evasion and action against tax evaders will continue in all earnest in the remaining part of the current Financial Year.

3. The number of complaints compounded by the Department during the current FY (upto the end of November, 2017) stands at 1052 as against 575 in the corresponding period of the immediately preceding year, registering a rise of 83%.