Cases related to tax evasion up

KATHMANDU, June 25: The Revenue Tribunal has claimed cases of tax evasion have gone up in the current fiscal year 2014/015.

It said it cleared 719 cases in this fiscal year as against 372 in the last fiscal year. As many as 1,432 revenue related cases were filed at the office until the mid June.The office looked into 348 cases among 692 related to income tax, 289 cases among the 513 cases related to VAT, 53 cases out of 160 related to customs and 29 cases among 67 various other cases cleared until the mid June in the current financial year, said Record Keeper Mahendra Prasad Pokhrel.

A total of 372 cases including 215 related to income tax, 116 related to VAT, 28 related to customs and 13 others were cleared in the last fiscal year.

This shows the entrepreneurs are found less sincere in adhering to the tax laws, said the Pokhrel. RSS

Related story

DRI raids Thamel-based LOD club suspecting tax evasion, seizes...