How to Tackle Income Tax Raids 15th Edition

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The power of search and seizure by conducting a raid is a powerful instrument in the hands of the Income Tax Department. For someone on the receiving end of a raid or survey, it is a daunting prospect-one filled with endless tension and inconvenience.On the other hand, as the eminent taxation expert R.N. Lakhotia shows in this book, you can very often pre-empt an income tax raid and successfully tackle income tax prosecutions. Here is expert guidance about:What prompts income tax raids, searches and seizuresandnbspTax officials authorised to conduct search and seizure-and the powers they can excerciseandnbspWhat to do about harassment during searches, seizure and penalty proceedingsandnbspRights of the person to be searchedandnbspThe procedure for surrenderandnbspProcedure to be followed after a search or seizure and block assessment schemeandnbspHow to avoid penalty proceedings after a raidandnbspHow to recover your assets seized in a tax raidandnbspTax calculation on undisclosed incomeandnbspHow to tackle prosecutionsandnbspRemedies available to you against IT search, seizure and survey, including challenging illegal raids through writ petition.andnbspIn addition, R.N. Lakhotia clearly explains the various provisions of law relating to searches, seizures, survey and prosecutions under the Income Tax Act and Rules, along with relevant provisions of the Criminal Procedures Code and up-to-date case law.Here, then, is expert comprehensive guidance on how you can both prevent and tackle income tax raids, surveys and prosecutions.'A valuable reference book for tax assessees and income tax officials' -The Hindu(The price shown includes shipping charges)