close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Income tax department detects TDS scam, companies did not deposit tax to government

WION India Mar 05, 2018, 10.57 AM (IST)
After the PNB fraud scam, the income tax department has detected a TDS scam of worth $400 under which the companies deducted TDS from the salaries of the employees but did not submit it to the government and diverted its use to the companies benefit.