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How to Tackle Income Tax Raids

How to Tackle Income Tax Raids

          
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About the Book

The power of search and seizure by conducting a raid is a powerful instrument in the hands of the Income Tax Department. For someone on the receiving end of a raid or survey, it is a daunting prospect-one filled with endless tension and inconvenience. On the other hand, as the eminent taxation expert R.N. Lakhotia shows in this book, you can very often pre-empt an income tax raid and successfully tackle income tax prosecutions. Here is expert guidance about: What prompts income tax raids, searches and seizuresandnbsp Tax officials authorised to conduct search and seizure-and the powers they can excerciseandnbsp What to do about harassment during searches, seizure and penalty proceedingsandnbsp Rights of the person to be searchedandnbsp The procedure for surrenderandnbsp Procedure to be followed after a search or seizure and block assessment schemeandnbsp How to avoid penalty proceedings after a raidandnbsp How to recover your assets seized in a tax raidandnbsp Tax calculation on undisclosed incomeandnbsp How to tackle prosecutionsandnbsp Remedies available to you against IT search, seizure and survey, including challenging illegal raids through writ petition.andnbsp In addition, R.N. Lakhotia clearly explains the various provisions of law relating to searches, seizures, survey and prosecutions under the Income Tax Act and Rules, along with relevant provisions of the Criminal Procedures Code and up-to-date case law. Here, then, is expert comprehensive guidance on how you can both prevent and tackle income tax raids, surveys and prosecutions. 'A valuable reference book for tax assessees and income tax officials' -The Hindu (The price shown includes shipping charges)


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Product Details
  • ISBN-13: 9788170946441
  • Publisher: Vision Books
  • Publisher Imprint: Vision Books
  • Language: English
  • ISBN-10: 8170946441
  • Publisher Date: 2005
  • Edition: 15

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