CBDT: Department can pursue 'tax evasion cases' on merits notwithstanding low tax effect

Sep 06,2019

CBDT directs that “appeals may be filed on merits ….where Board, by way of special order direct filing of appeal on merit in cases involved in organised tax evasion activity”, notwithstanding anything contained in any circular issued u/s. 268A specifying monetary limits for filing of departmental appeals before ITAT, HCs & SC; Takes note of several cases where organised tax-evasion scam is noticed through bogus Long-Term Capital Gain (LTCG) / S...


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