Two names from Pune in I-T defaulters' list

Sushant Ranjan
Friday, 30 March 2018

Pune: The Income-Tax (I-T) Department on Thursday released a list of 24 defaulting individuals and companies, who owe around Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate assets for payment of the dues. 

Pune: The Income-Tax (I-T) Department on Thursday released a list of 24 defaulting individuals and companies, who owe around Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate assets for payment of the dues. 

An individual and a business house from Pune have also been named in the list. They owe Rs 74.71 crore to the department. 
The department has posted the names of these defaulters on their website. The public announcement carries the identity of the firm or the individual, the name of their directors and partners, the date of incorporation of the company (date of birth in case of individuals), their Permanent Account Number (PAN) or the Tax Deduction Account Number (TAN), their last known address and business profile, the amount of tax defaulted, assessment year and the respective jurisdictional I-T authority. 

These defaulting firms are from sectors such as food processing, bullion trading, software, real estate, breweries and manufacture of ingots, among others. 

The late Gopal Krishnaji Dharne, a resident of Prabhat Road, defaulted Rs 38.31 crore tax. He was a professional and the assessment years are from 1990-91 to 2000-01. His legal heir (Atul Gopal Dharne) is untraceable. 

Similarly, Patheja Bros Forgings and Stamping Ltd at Talegaon, Chakan defaulted Rs 36.4 crore. The company's assessment years were 1993-94 to 1999-2000. It is untraceable. 

The dues for these 24 firms are for assessment years 1989-90 to 2010-11. 

The total tax default amount by 24 entities, from cities such as Ahmedabad, Guwahati, Vijaywada, Nashik, Surat, Delhi, Vadodara, Kolkata and others is Rs 490 crore. 

A senior I-T Department official said the publication of the list is aimed at making people aware so they can help the department in nabbing these defaulters if they have any information about them. 

The notice carried a disclaimer that the 'entries in the list are specific to the tax arrears/ assessment year mentioned and the tax defaulter's address, business, shareholding and management may have changed now'. It added that the amount of default 'shall further increase' after due interest is levied on it. 

The department carried out this exercise over the last few years and named 96 such entities, which have huge tax liabilities on them but they have either gone non-traceable or have shown no assets for recovery. 

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