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Economy

IT department names 24 defaulters owing Rs 490 crore in taxes

Updated : March 30, 2018 05:20 AM IST

The notice advised the named defaulters to pay their tax arrears immediately.
It added that the amount of default "shall further increase" after due interest is levied on it.
The department has carried out this exercise over the last few years and had named 96 such entities.
IT department names 24 defaulters owing Rs 490 crore in taxes
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