THE Canada Revenue Agency (CRA) announced Thursday that Vancouver businessman Paramjit Singh Pandher pled guilty in Robson Square Provincial Court on September 25 to failing to file the 2011 corporate income tax return for 0740769 B.C. LTD. Pandher was fined $1,000, payable by December 19. The outstanding return has now been filed.
The preceding information was obtained from the court records, the CRA said.
When taxpayers are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they must still file the returns and pay the full amount of taxes owing, plus interest owed, as well as any civil penalties that may be assessed by the CRA.
If you have ever made a tax mistake or omission, the CRA is offering you a second chance to make things right through its Voluntary Disclosures Program (VDP). If you make a valid disclosure before you become aware that the CRA is taking action against you, you may only have to pay the taxes owing plus interest. More information on the VDP can be found on the CRA’s website at www.cra.gc.ca/voluntarydisclosures
Further information on convictions can also be found in the Media room on the CRA website at
