Vces


prosanta bordoloi (AAO)     16 November 2013

prosanta bordoloi
AAO 
 83 points

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Sir, 

A person may have tax dues from 1-10-2007 to 31-12-2012 , under VCES he can declare his tax dues for that period to avoid penalty and interest  , but since the period of five years (limitation period) is over on Oct 2012 , considering this the person declare his tax dues from 1-10-2008 (hiding the tax dues?) .

Has the person committed mistake under which he can  be held liable by the tax authority  ? Was it professionally ethical ?

 




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