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Tax evasion by corporates rising: Court

Dated:- 14-5-2015 - New Delhi, May 14 (PTI) Tax evasion by corporates in one form or another is rising day by day causing huge loss to public exchequer, a Delhi court observed today and said this needs to be curbed with a firm hand. Additional Chief .....

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thin the stipulated time. It is seen that nowadays, evasion of tax by corporate/ persons in one form or the other form by non-depositing of TDS (tax deducted at source) or other taxes within prescribed time are rising day by day which causes huge los .....

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₹ 1.5 crore. As per the IT department, on the total payment of ₹ 16.8 crore, the TDS to be deposited by the company amounted to ₹ 1.68 crore. The court said the firm made payments to various parties and also deducted TDS but did no .....

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