No impunity to taxpayers: SC

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Aug. 20, 2010, 5:45 p.m. Published in Magazine Issue: Vol.:4 No.-06 August 20- September 02,2010(Bhadra-04,2067)

The Supreme Court (SC) has ruled that the tax assessments presented by the taxpayers to the Finance Ministry cannot be treated as secret document as purported by the Ministry. The Special Bench of Chief Justice Ram Prasad Shrestha, judges Balram KC and Prakash Wasti gave the decision on August 12. With this decision, the properties of the entrepreneurs who have disclosed their incomes will be brought under the purview of investigations. Last year, then Finance Minister Dr. Baburam Bhattarai had brought the Voluntary Disclosure of Income Scheme (VDIS) asking entrepreneurs to pay tax promising that the documents they produce will not be made public.

 

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