18 big tax defaulters who owe over Rs 500 crore to govt of India
The Income Tax department on Tuesday took to the strategy of 'naming and shaming' of some large tax defaulters as it published names of 18 entities who owe over Rs 500 crore tax to the exchequer.
The companies in the list published by Income Tax Department of India include Somani Cement with tax arrears of Rs 27.47 crore, Blue Information Technology (Rs 75.11 crore), Appletech Solutions (Rs 27.07 crore), Jupiter Business (Rs 21.31 crore) and Hirak Biotech (Rs 18.54 crore). The other Gujarat-based companies which figured in the defaulters list include Icon Bio Pharma & Healthcare Ltd (Rs 17.69 crore), Banyan & Berry Alloys (Rs 17.48 crore), Laxminarayan T Thakkar (Rs 12.49 crore), Virag Dyeing & Printing (Rs 18.57 crore), Poonam Industries (Rs 15.84 crore), Kunvar Ajay Food Pvt Ltd (Rs 15 crore). Besides, names of Jaipur-based Goldsukh Trade India (Rs 75.47 crore), Kolkata-based Victor Credit & Construction (Rs 13. 81 crore), Mumbai-based Noble Merchandise (Rs 11.93 crore) are also there in the list. The list also includes the legal heir of Pune-based G K Dharne involving a tax default of Rs 38.31 crore.