Dainik Bhaskar Group evaded taxes on Rs 700 crore of income over 6 years: IT Department

In an official statement, the Income Tax department said it had detected alleged tax evasion on Rs 700 crore of income over six years by the Dainik Bhaskar group.

The Income Tax department on Saturday said it has detected that DB Corp, also known as the Dainik Bhaskar Group, allegedly evaded taxes on Rs 700 crore of income over a period of six years. ?, , ? In its official statement, the tax department said that the conglomerate was evading taxes by operating companies in the names of its employees to “book bogus expenses” and “siphon off profits”.