News Update

Israel incinerates 1000 rocket launcher barrels of HezbollahSEBI hammer falls on Axis Capital; Ban imposed from acting as investment banker in debt marketCJI asks lawyers to use SC Platform for recorded ordersNPS Vatsalya - FM launches pension scheme for minorsTerrorists funding watchdog FATF praises India for technical compliance; suggests faster trial for money laundering & terror financing cases; expresses concern over militant activity by IS, Al Qaeda in J&KIP Saarthi - Govt launches AI/ML-based search engine for TrademarksAyushman Bharat Scheme suffers setback as private hospitals refuse cashless treatment; seek clearance of Rs 600 Crores in pending duesNACIN hosts 3-day roundtable on IPR; Govt envisages greater role of Customs in IPR protectionGovt scotches summons issued by US court over lawsuit by extremist Gurpatwant Singh Pannu following alleged assassination bidUS Presidential Poll: Tall promises by Hopefuls elbow economy closer to tax-doom-loop!Sourav Ganguly goes to Police against cyberbullyingYadav calls for development of sustainable, Inclusive low-carbon transport systemsFed lives up to global expectations; cuts interest rate by 0.5% - first cut in last 4 yearsMandaviya chairs meeting to provide Social Security to Gig and Platform WorkersCAQM announces revised GRAP schedule for Delhi-NCRChina to be on top of agenda at Quad meeting: White HouseCus - No proper evidence is found towards Customs Officer's involvement in fraud, the allegation that appellant has actively colluded with Customs officials cannot legally sustain, penalty imposed on appellant also cannot sustain: CESTATIndia's position is of a 'Vishwa Bandhu' in global world order: CDS Gen Anil ChauhanGovt organises 'FAME's Success in Transforming India's EV Landscape: From Vision to Reality'Death toll rises to 21 in second wave of blasts in Lebanon - it was Walkie-Talkie after pagerGermany halts exports of weapons to IsraelI-T - If any statute has been enacted, there cannot be insertion of any word beyond the contents of the statute: HCFaux cybercrime platforms busted in global operations; 51 arrested by EuropolCabinet okays National Centre of Excellence for Animation, Visual Effects & Gaming

MESSAGE BOARD

   

Fraudulent Evasion


f r a u d u l e n t

when evasion is unknowingly and without planning or due to expert opinion or interpretation of law has happened it is accidental and hence non fraudulent evasion, meaning thereby that the intention action and execution was not with soul intention to ditch the taxchequer.

when the intention action execution etc are planned in such away that it shows that keepig in mind that is MENSREA was soley the damaging the revenue then it is fraudulent evasion.

smking by a child who has never seen the packet of ciggartte but wants to enjoy the feel of smoking knowng that it is treat bad manners is a case of non graudulent evasion,butwhen a man seein the packet many times, having read the warning there at about cancer or so and laughing on that and then smoking is an act of fraudulent evasion.

like mp mlas have passed the gst law wihout even reading the same is an act of non fraudulent evasion but officers enjoying the draconion powers abruptly coerceively is an act of fraudulent evasion and what gst council is doing bybringing the taxation through quarterly or bimnthly notifications is even beyond that sir

Navin Khandelwal 24/08/2022

 

Back

TIOL Tube Latest

TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

AR not Afar by SK Rahman



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.