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IT dept to use powers to arrest, detain

By The Assam Tribune
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NEW DELHI, June 21 - Challenged by increasing cases of defaulters who smartly evade paying due taxes, the Income Tax department has asked its officers not to shy away from invoking the rare provisions of arrest, detention and auctioning of attached assets of the accused.

The Central Board of Direct Taxes, in a strategy paper for the current fiscal, has directed the tax department to use this provision, used rarely till now, stated under Section 276 C(2) of the IT Act that stipulates action to ensure rigorous imprisonment for a period between three months and three years which may also carry a fine.

The IT department has a designated official to execute these rare powers, called the Tax Recovery Officer (TRO) within its establishment. � PTI

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IT dept to use powers to arrest, detain

NEW DELHI, June 21 - Challenged by increasing cases of defaulters who smartly evade paying due taxes, the Income Tax department has asked its officers not to shy away from invoking the rare provisions of arrest, detention and auctioning of attached assets of the accused.

The Central Board of Direct Taxes, in a strategy paper for the current fiscal, has directed the tax department to use this provision, used rarely till now, stated under Section 276 C(2) of the IT Act that stipulates action to ensure rigorous imprisonment for a period between three months and three years which may also carry a fine.

The IT department has a designated official to execute these rare powers, called the Tax Recovery Officer (TRO) within its establishment. � PTI

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