What is the sanctioning of the acts of making incorrect declarations to reduce payable tax amounts?

What is the sanctioning of the acts of making incorrect declarations to reduce payable tax amounts?

What is the sanctioning of the acts of making incorrect declarations to reduce payable tax amounts?

Acts of making incorrect declarations to reduce payable tax amounts are considered as the administrative violations in tax and the statute of limitations for sanctioning of tax administration-related administrative violations is in the longer time compared with other administrative violations, in particulars, 05 years from the date of commission of the violations.