18 Of India's Biggest Tax Defaulters

31/03/2015 11:28 AM IST | Updated 15/07/2016 8:25 AM IST
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NEW DELHI, INDIA - JANUARY 02: MCD drum beaters outside the home of a tax defaulter in Sainik Farms on Wednesday. (Photo by K Asif/India Today Group/Getty Images)

The Income Tax department today named eighteen of the largest tax defaulters in the country who owe a cumulative sum of over Rs 500 crore in unpaid dues.

The list includes Jaipur-based Goldsukh Trade India with unpaid dues of Rs 75.47 crore, Somani Cement with tax arrears of Rs 27.47 crore, Blue Information Technology (Rs 75.11 cr), Appletech Solutions (Rs 27.07 cr), Jupiter Business (Rs 21.31 cr) and Hirak Biotech (Rs 18.54 cr).

Several Gujarat based companies also feature in the defaulters' list. They include Icon Bio Pharma & Healthcare Ltd (Rs 17.69 cr), Banyan & Berry Alloys (Rs 17.48 cr), Laxminarayan T Thakkar (Rs 12.49 cr), Virag Dyeing & Printing (Rs 18.57 cr), Poonam Industries (Rs 15.84 cr), Kunvar Ajay Food Pvt Ltd (Rs 15 cr).

Kolkata-based Victor Credit & Construction (Rs 13. 81 cr), Mumbai-based Noble Merchandise (Rs 11.93 cr), and legal heirs of Pune-based GK Dharne (Rs 38.31 crore) are also there in the list.

"The step is aimed to publicise and put these names in public domain so that the common man can come forward to help the department in knowing the whereabouts of these.The step is to enhance public awareness against these entities who are acting against law. These names were earlier were put up the department's website earlier," a senior I-T officer said.

Newspapers today carried the names of the tax defaulters and the data published was quoted to have been published by the Principal Chief Commissioner of Income Tax (Administration) based in the national capital here.

Adopting an aggressive approach, government had for the first time gone public with names of 18 tax defaulters, including Goldsukh Trade and Somani Cements which, according to I-T, have turned wilful defaulters.

In a bid to force them these entities paying their dues, the Central Board of Direct Taxes (CBDT) had asked the I-T department to post on its website, few days back, the names of 18 defaulters, of whom 11 are based in Gujarat.

"Defaulters are advised to pay tax arrears immediately," said the notice.

"This is the first time the department has put in public domain a list of those wilful tax defaulters who have a tax liability of Rs 10 crore and above," a senior tax official had said, adding that in many cases the assessees were not "traceable".

"The department, in the public notice, has provided the PAN number and the last known address of these defaulters for the public to know," the official added.

(With agency inputs)

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