BBC reacts to fresh allegations of tax evasion: 'Cooperating fully on unpaid taxes'
1 year, 7 months ago

BBC reacts to fresh allegations of tax evasion: 'Cooperating fully on unpaid taxes'

India TV News  

British broadcaster BBC has communicated to the income-tax department that some of its past income, for its operations in India, could have gone unreported during the statutory filing of returns and hence it would like to amend it, news agency PTI's official sources said on Wednesday. Tax has not been paid on certain remittances by its foreign entities The CBDT, soon after the survey operation, issued a statement without naming the organisation in which it stated that the income and profits shown by various BBC group entities were "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities. The CBDT said the survey found that "despite substantial consumption of content in various Indian languages, the income/profits shown by various group entities is not commensurate with the scale of operations in India." "The department gathered several evidence pertaining to the operation of the organisation which indicate that tax has not been paid on certain remittances which have not been disclosed as income in India by the foreign entities of the group," the CBDT had said.

History of this topic

“BBC in hands of people with agenda on India”: Union Minister Hardeep Singh Puri
1 year, 7 months ago
BBC accepts it evaded taxes in India, agrees to pay Rs 40 crore to authorities, however, is yet to provide this in writing: Details
1 year, 7 months ago
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1 year, 8 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
Fully cooperating, says BBC on \'tax survey\' at offices in India
1 year, 10 months ago

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