I-T dept alleges business, tax irregularities against Dolo-650 maker
The Hindu
The makers of the tablet were accused of indulging in “unethical practices” and distributing freebies of about ₹1,000 crore to doctors in exchange for promoting products made by them
The CBDT on Wednesday accused the makers of the widely-known Dolo-650 tablet of indulging in “unethical practices” and distributing freebies of about ₹1,000 crore to doctors and medical professionals in exchange for promoting products made by the pharmaceutical group.
The claims came after the Income Tax department had on July 6 raided 36 premises of Bengaluru-based Micro Labs Ltd. across nine states.
After the action against the drugmaker, the Central Board of Direct Taxes (CBDT) said in a statement that the department seized “unaccounted” cash of ₹1.20 crore and gold and diamond jewellery of ₹1.40 crore .
The CBDT is the administrative body for the I-T department.
An email sent to Micro Labs Ltd. seeking its response on the claims made by the department remained unanswered.
“During the course of the search operations, substantial incriminating evidence, in the form of documents and digital data, has been found and seized.”
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