The prosecution is the most serious consequence of tax evasion. This enables the revenue to launch criminal proceedings against the assessee, in conjunction with normal recovery proceedings for the tax due. These proceedings run through the criminal courts and not the normal revenue channels. As a corporate tax head or a practitioner, awareness of what can be construed as an offence is an important tool to have at your disposal. We at Riverus, have arranged for this web session with the Chamber of Tax Consultants so that we can answer a few questions related to Prosecution.
What will you get from this session?
With this session, you will get an understanding of:
- Why Revenue resorts to Prosecution?
- Prosecution without penalty?
- Impact on Companies
- Impact on Partnership Firms
- Impact on Company Directors
- Nature of offences under the IT Act
- Presumption u/s 278 E
- Reasonable cause u/s 278AA.
- The procedure governing prosecution by dept
- Stages before the court
- The sanction for launching prosecution
- The opportunity of hearing
- Compounding of offences
- Penalty proceeding and prosecution proceeding
- Finding of Appellate Tribunal
- Abetment
- Liability of professional
- New vivad se vishwas scheme
About the Speaker
Ajay R. Singh, Advocate. LL.B, LL.M, Mumbai University
Mr. Singh, completed Masters in Constitutional Law and joined the Bar in August, 2000.
Practising as a Counsel, before Supreme Court, High Court, Appellate Tribunal, Settlement Commission; Commissioner (Appeal), DRP
Practice areas include International Tax; Domestic tax, Search & Survey Matters, Advising Client on Direct tax issues &Prosecution matters related to taxation, Specialized in drafting and appearing in Writ Petitions and Appeals before High Court and SLP before Supreme Court. Drafting / consulting in real estate transactions, Testamentary proceedings, Civil suits etc;
Filed various Public Interest Litigation (PIL) on issues concerning tax professionals (Tax Audit Report Petition ; National Tax Tribunal Petition, FBT petition & ICDS ).
Articles & Papers: Writing regular articles and papers for seminars and tax magazines such as Chamber’s journal, AIFTP Journals, BCA Journals, etc
Book: Co-author various Books on Taxation and Allied Laws.
Lectures: Delivered lectures and presented papers to various professional bodies such as AIFTP, Chambers of Tax Consultant and ICAI- WIRC, CIRC &SIRC.
Hon. Past President of The Chamber of Tax Consultants 2017-2018.
Asst Editor of CTC Journal
All India Federation of Tax Practitioners’ Asst Editor of Journal
ITAT Bar Association, Member of managing committee.
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