Claim of Undue Tax Exemption by Private Companies

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....laim of Undue Tax Exemption by Private Companies <br>News and Press Release<br>Dated:- 13-5-2015<br><BR>Appropriate action against evasion of taxes, including claims of undue tax exemptions by persons....

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.... including private companies, is an on-going process. Such action under direct tax laws includes searches, surveys, enquiries, assessments, levy of taxes, penalties, etc, and filing of prosecution com....

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....plaints in criminal courts, wherever applicable. Separate details in respect of private companies and of undue tax exemption claims are not maintained centrally. Further, disclosure of information reg....

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....arding specific taxpayers is prohibited except as provided under Section 138 of the Income-tax Act, 1961. This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written rep....

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....ly to a question in the Rajya Sabha.<BR> News - Press release - PIB....