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I-T dept shames defaulters: Lists names of 5 cos owing Rs 10 cr in taxes

The total taxes due by these five defaulters is Rs 10.27 crore, the notice said

Press Trust of India  |  New Delhi 

The Income Tax department on Wednesday published names of five entities owing over Rs 10 crore in taxes, as part of its strategy to name and shame big defaulters. In an advertisement issued in leading national dailies, the department brought out the list of defaulters of income tax and corporate tax even as it advised them to pay their "tax arrears immediately". The department has begun this exercise of naming and shaming I-T defaulters since the last few years and had named at least 96 such entities which have huge tax liabilities on them and have either gone non-traceable ...

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First Published: Thu, May 18 2017. 14:45 IST
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