Tax defaulters News

As part of its strategy to "name and shame" big defaulters, the Income Tax Department on Thursday published names of five entities who owe over Rs 10 crore in taxes.  

The Income Tax department on Sunday released a list of 29 entities owing Rs 448.02 crore in taxes as part of its strategy to name and shame large defaulters.

 Govt's second chance to black money holders!

The I-T department had began publishing the names of tax defaulters in leading national dailies last year and has so far named 67 such big defaulters from across the country.

Officials have been directed not to shy away from the rare provisions of arrest, detention and auctioning of attached assets of wilful income tax defaulters.

The department has begun publishing the names of tax defaulters in leading national dailies since last year and has named 67 such defaulters from across the country till now.

IT officials are now tracking Facebook account of the offenders to dig out information from them.

Know the complete list of 18 individuals whose names have been issued by the Finance Ministry as tax defaulters.

The Income tax department's public notice containing the names of the 18 defaulters who have either gone untraceable or have inadequate assets to pay is the third such list this year after names of 49 defaulters with a tax liability of over Rs 2,000 crore were earlier released in two instalments.

The new guidelines have been issued by the CBDT keeping in mind the huge challenge of tackling black funds in the country and at the same time boosting the revenue kitty.

As part of its strategy of 'naming and shaming' big defaulters, the Income Tax department on Sunday published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government.

Moving ahead with its strategy of 'naming and shaming' large tax defaulters, the Income Tax department on Wednesday came out with a list of 31 defaulters who owe over Rs 1,500 crore to the government.

In a bid to force them these entities paying their dues, the Central Board of Direct Taxes (CBDT) had asked the I-T department to post on its website, few days back, the names of 18 defaulters, of whom 11 are based in Gujarat.

Adopting an aggressive approach to increase tax collection, the revenue department for the first time publically named 18 tax defaulters - including Goldsukh Trade and Somani Cements - who owe over Rs 500 crore to the exchequer.

Airport Authority of India, Indian Railway, Delhi Zoo, state-run NTPC, DDA, Delhi University are among a host of defaulters listed by the south corporation which have been served notices for failing to pay property taxes, a senior official of the SDMC Tuesday said.