Sharp increase in prosecutions of tax evaders by Income Tax Department

The Income Tax Department has said it has initiated criminal prosecution proceedings in a large number of cases of tax offenders and evaders. Prosecutions have been initiated for offences including wilful attempt to evade tax, failure in filing returns of income and failure to deposit the tax deducted or collected at source.

Due to the decisive and focused action taken by the Department against tax evaders, the number of defaulters convicted by the courts has also registered a sharp increase during the current fiscal.

The Income Tax Department has accorded the highest priority to tackle the menace of black money.