Income Tax Department Publishes List of Big Tax Defaulters in Newspapers

As part of its strategy of 'naming and shaming' big defaulters, the Income Tax department on Saturday published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government. The names, last known addresses and vital financial details of these entities were published in newspapers as the department mentioned that either these assessees were "not traceable" to it or the taxman found "inadequate assets" in the name of thes...