The Income Tax department has found instances of alleged tax evasion and “multiple routing” of undeclared wealth in the 2G spectrum allocation scam and will file its first status report on the probe in the case in the Supreme Court tomorrow. The department, according to officials, has reportedly traced instances of tax evasion by various Telecom firms that have been named by the CBI and the ED in their charge sheets.

The role of corporate lobbyist Niira Radia would also be mentioned in the report, they said.

“Various benami entities have been found to have received funds and carried out their multiple routing. These funds were never shown on account books,” an I-T official said.

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0 responses to “Income Tax department finds tax evasion in 2G; status report in SC tomorrow”

  1. C.Jyoti says:

    The great GOI always ‘unearths” tax evasion but then it ends there due to either still birth or infantile death! Remember the nowhere-to-be-found Shah Commission’s Maruti Commission’s and Sarkaria Commission’s reports, to mention only a few! In other words, Fodder Gs, CWGs and 2Gs will also die after birth like any other scam, with spineless investigating agencies and the subordinate and character-less income tax department. The money is gone. Politicians, hawala traders, the underworld and its underling-the bureaucracy-will enjoy it for ever, the wealth having safely been stashed abroad!
    And, moreover, there are too many bureaucrats waiting to please the bosses and to “settle” the cases.

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