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I-T Department names tax defaulters owing Rs 448.02 crore

IANS  |  New Delhi 

Tightening the noose on major defaulters, the Department on Saturday made public the names of individuals and corporates who owe Rs 448.02 crore in taxes to the

However, most of these assessees remain untraceable.

"Defaulters are advised to pay arrears immediately," said the full page advertisements in national dailies listing out all the 29 defaulters with their names, PAN details and last known addresses.

The pending tax arrears range from Rs one crore to over Rs 257 crore.

An individual assessee Irfan Ahmed, who has Rs 257.44 crore tax liability pending, is not traceable with his date of birth, father's name, PAN details and source of income, missing from the records.

Among corporates, Kolkata-based Pushpadant Commotrade, in the business of share capital owes Rs 31.58 crore tax.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 18 2017. 17:02 IST