MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI V. DHANANJAYA KUMAR)
(a) to (g):- A statement is being laid
on the Table of the House
Statement referred in reply to Parts (a) to (g)
of Lok Sabha Statted Question No. 132 for 3.3.2000
on Income Tax Evasion by Multi National Companies.
(a) & (b):- Yes, Sir.
(c):- During the course of survey
operations in respect of two multinational
companies, viz M/s Snecma & M/s Sofema, it
was found that the expatriate employees of
these companies were being paid salary and
perquisites abroad, apart from salary being
paid in India, for services rendered in India
and no tax was being deducted on salary and
prequisites paid outside India. The post
survey investigations are in progress to
ascertain the exact amount of evasion of tax.
(d) & (e):- During the financial year
1998-99, it was noticed that a number of
multinational companies did not deduct tax at
source in respect of part of the salaries paid
to their employees abroad for services rendered
in India. The entire amount of tax, including
statutory interest thereon, amounting to more
than Rs. 640 crores has already been recovered
by the Income Tax Department. The names of such
companies are as per Annexure.
(f):- Yes, Sir.
(g):- Surveys u/s 133A of the Income
Tax Act, 1961, have been conducted on a number
of multinationalcompanies. Statutory
interest has also been charged inall the cases.
Further, penalty u/s 271C of the Act
for failure to deduct tax at source has
since been levied in a number of such cases,
wherever applicable.
Annexure ANNEXURE
S.No. Name of the Company
(1) (2)
1. All Nippon Airways Co. Ltd.,
2. M/s Anritsu Corporation
3. M/s I.H.I
4. M/s Denso India
5. M/s Fuji Bank Ltd.
6. M/s EPDC
7 M/s Japan Broadcasting cor.
8. M/s Ericsson communication Pvt. Ltd.
9. M/s Alcatel Modi Networks Systems
10. M/s Alcatel South Asia Pacific Ltd.
11. M/s Cegelec India Ltd.
12. M/s Cegelec India Ltd. (Noida Office)
13. M/s Hyundai Engg. & Constn. Co.
14. M/s Daewoo Motors India Ltd.
15. M/s Banque Pariba
16. M/s Aeroflot
17. M/s Japan Radio Co. Ltd.
18. M/s Asahi Glas Co. Ltd
19. M/s Casio Bharti Mobile Communication Ltd.
20. M/s Fujitsu Limited
21. M/s Itochu Corporation
22. M/s Chori Co. Ltd.
23. M/s Escorts Yamaha Motors Ltd.
24. M/s Fuji Photo Film (Singapore)
25. M/s Hitachi Cables Ltd.
26. M/s Exedy Ceekay Ltd.
27. M/s Honda Motors Co.
28. M/s Kenwood
29. M/s Juky Singapore
30. M/s Hitachi India Trading Pvt. Ltd.
31. The Bank of Tokyo
32. The Sakura bank Ltd.
33. Japan Airlines
34. M/s Sanwa Bank Ltd. New Delhi
35. M/s National Panasonic
36. M/s Nissho Iwai corpn.
37. M/s Mitsubishi Corpn.
38. LG Electronics
39. M/s Samsung Electronics
40. The Commerical Bank of Korea Ltd.
41. The Bank of Nova Scotia
42. M/s Nokia Pvt. Ltd.
43. M/s Lifthansa Airlines
44. M/s Tokyo Motors Corpn.
45. M/s Sony India Pvt. Ltd.
46. M/s Sony Gulf
47. M/s Sony Corpn. Ltd.
48. M/s SWS India Holding Ltd.
49. M/s Sumi Motherson Innovative Engg. Ltd.
50. M/s Sumi Motherson Integrated Technologies Ltd.
51. M/s Motherson Sumi Systems Ltd.
52. M/s NEC Corpn.
53 M/s Marubeni Corpn. New Delhi.
54. M/s YKK India Pvt. Ltd.
55. M/s Mitsui Construction Co. Ltd.
56. M/s Mitsui Kensetsu India Pvt. Ltd.
57. M/s TS Tech co. Ltd.
58. M/s Sumitomo corpn.
59. M/s Sandan Vikas India Ltd.
60. M/s Toshiba Corpn.
61. M/s Marubeni Corpn. Project Office
62. M/s Marubeni India Pvt. Ltd.
63. M/s Mitsui Marine and Fire Insurance Co. Ltd.
64. M/s Terumo Corpn.
65. M/s Mitsubishi Electronic Corpn. India Liaison Office
66. M/s Showa Corpn. (Munjai)
67. M/s Morirqko Corpn. Ltd.
68. M/s Mitsui & co.
69. M/s KEIHN corpn.
70. M/s Subros Ltd.
71. M/s Sumitomo Electric Industries Ltd.
72. M/s Riso Kagako Corpn.
73. M/s Kenwood corpn.
74. M/s Lumax Industries Ltd.
75. M/s Yasuda Fire & Marine Insurance Co. Ltd.
76. M/s Matsushita Television & Audio India Ltd.
77. M/s Satake Corpn.
78. M/s Matsushita Electric works Ltd. (National Panasonic)
79. M/s Nissho Iwai Corpn.(Bombay Office)
80. M/s Toyota Tsusho Corpn.
81. M/s Pioneer Electric Corpn.
82. M/s Sumitomo Electric Industries Ltd.
83. M/s ICI India Ltd.
84. Nomura Trading Co. Ltd.
85. Mitsubishi Heavy Industries Ltd.
86. Kinsho Matai -chi Corporation
87. Sumikin Bussan Corporation
88. The Asahi Bank Ltd.
89. The Sumitomo Marine & fire Insurance Corpn.
90. The Sumitomo Bank Ltd.
91. Nichimen Corpn.
92. Tomen Corpn.
93. Hitachi G. Motor Eng. Ltd.
94. Sakura Capital Market
95. M/s Kawasho Corpn.
96. M/s Nagase & co. Ltd.
97. M/s Murate Machinery Ltd.
98. BPL Sanyo Ltd.
99. BPL Sanyo Finance
100. Yokagawa Bluestar
101. Indo Nissin Foods Ltd.
102. Juki Singapore Ltd.
103. Hitachi Koki.
