The interplay between civil and criminal proceedings in income tax cases
12 Jul 2019
In the recent case of Allswell Marketing Pte Ltd v PP  SGHC 157, the High Court held that a criminal court may impose a penalty based on the tax assessment made by the Comptroller of Income Tax, even though the assessment is not final and is pending a civil appeal before the Income Tax Board of Review, High Court or Court of Appeal. The Court also endorsed the use of the bank deposit method as a reasonable means to calculate the taxable income in this case.
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