Key Points
The British Broadcasting Company (BBC) has been found of evading taxes, two CBDT officials told Hindustan Times, Livemint's sister publication...
The broadcaster needs to take a formal route to comply by filing revised returns and paying all dues, penalties, and interest..
As per the HT report, the UK government-funded broadcaster sent an email to CBDT confessing that it underreported 40 crore of income in its tax returns..
The tax department official said that BBC tried to create an impression that the action by the I-T sleuths was a vendetta by the Central government but now the broadcaster has informally accepted, "They were involved in deliberate tax evasion and the action was against their unscrupulous behaviour"..
In mid-February, teams from the Income-Tax department were at the BBC office in New Delhi and Mumbai conducting a survey" for alleged tax evasion..
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