Taxman Issues Prosecution Notices To MNCs To Meet Steep Revenue Targets

first_imgTax officials have issued prosecution notices to directors of several multinationals, intensifying their pursuit of collections with a view to meeting steep revenue targets, said people with direct knowledge of the matter.Prosecution notices make such cases equivalent to criminal offences and give income tax officers additional powers, akin to those of the police, said experts, adding that taxpayers can only seek relief from a magistrate’s court in such instances. Read it at Economic Times Related Itemslast_img

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