Income Tax Department Finds Alleged Tax Evasion Worth Rs 15,000 Crore by Insurance Companies

Income- Tax- Department - Alleged- Tax -Evasion - Insurance -Companies-TAXSCAN

The Income Tax department has uncovered evasion of more than Rs 15,000 crore as it completed the investigation into alleged malpractices in the payment of commissions by insurance companies. The insurers were also investigated by the Directorate General of GST Intelligence (DGGI). The investigation by the tax department looked into alleged tax evasion in violation…

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