Tax Evasion

Tax Glossary Definition

Tax Evasion

Refers to the intentional and unlawful practice of hiding income, overstating expenses, or providing false details to escape payment of legitimate taxes. This constitutes a serious violation under the Income Tax Act and may result in heavy penalties, legal prosecution, or imprisonment.

Example: If an individual omits rental income from their tax return to lower taxable income, it amounts to tax evasion.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App