18 tax defaulters owe Rs.500 crore

18 tax defaulters owe Rs.500 crore

IndiaTv6755dc_taxEighteen tax defaulters — 11 of them Gujarat-based — collectively owe over Rs.500 crore to the exchequer, tax officials announced on Thursday.

“Defaulters are advised to pay tax arrears immediately,” said a Central Board of Direct Taxes notice.

In view of the multiple cases of assessees not being traceable, the CBDT has also provided the PAN number and the last-known address of these defaulters so that members of the public could give information on their whereabouts.

The list includes Somani Cement with tax arrears of Rs.27.47 crore; Blue Information Technology with Rs.75.11 crore; Appletech Solutions at Rs.27.07 crore and Jupiter Business with Rs.21.31 crore.

The Gujarat-based companies in the defaulters list include Icon Bio Pharma and Healthcare Ltd, Banyan and Berry Alloys, Virag Dyeing and Printing, Poonam Industries and Kunvar Ajay Food — all with arrears ranging from Rs.15 crore to Rs.19 crore

Other companies in the list include Jaipur-based Goldsukh Trade India (Rs.75.47 crore) and Kolkata-based Victor Credit and Construction (Rs.13.81 crore)

Leave a Reply

Your email address will not be published.