Millennium Post

Exercise caution in summoning top officials: FM

Finance Ministry has asked excise and service tax officials to exercise caution while summoning CEOs and top functionaries of large firms or PSUs for probing any revenue cases. Summons should be used “as a last resort when it is absolutely required,” said a communication by CBEC to tax officials. The circular has been issued to discourage the practice of issuing summons to top officials of companies in a “routine manner” to call for material evidence and documents.

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