Difference Between Tax Evasion and Tax Avoidance
Most people would agree that the mantra “it’s legal so I can do it” is not acceptable in today’s environment but equally taking advantage of government approved schemes is. There will be a grey area in the middle where some
Difference Between Tax Evasion and Tax Avoidance
The principle established in the Ramkanth Gandhi case is important as it provides a safeguard against the arbitrary imposition of penalties and prosecution for tax evasion. It ensures that only those who have knowingly and deliberately evaded tax are held