(a) whether the number of multinational companies
and some big business houses are involved in tax
evasion to the tune of hundred of crores of rupees;
(b) if so, details of such MNCs and big business
houses and tax evasion by each of such MNC and big
business houses;
(c) the Modus operandi adopted by these MNC and
big business houses for tax evasion;
(d) the action taken/ proposed to be taken by the
Government against such defaulters for tax recovery
and progress achieved so far?
MINISTER OF STATE IN THE MINISTRY OF FINANCE & COMPANY AFFAIRS (SHRI GINGEE N. RAMACHANDRAN)
(a): It is not true that number of multinational
companies and some big business house are involved
in tax evasion to the tune of hundred of crores of
rupees. However, necessary action is taken by the
Income Tax Department at the field level in accordance
with the provisions of law against evasion of Income
Tax in respect of all categories of assessees including
multinational companies and big business houses.
(b) & (c): Such information is not centrally maintained.
The collection and compilation of the desired information
from the field formations spread all over the country
will involve substantial time and efforts, which may not
be commensurate to the objectives sought to be achieved.
(d): High priority is given to the work of recovery of
tax demand in all cases and appropriate administrative,
legal and other measures are taken in this regard.