28-Jul-2020

Income Tax department is ready to crack the whip on evaders


Income Tax department is ready to crack the whip on evaders, following the gradual lifting of the lockdown. It will act on information received from whistle-blowers and informers for the first half of 2020. The move will help the department shore up revenue, clear backlogs, and resume probe in pending matters. CBDT, in a recent communication, directed officials to start scrutinising information from tax evasion petitions (TEPs), and take them up on a priority basis.

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