11 distilleries cooked books, caused Rs 13,000 crore tax shortfall: CAG – Times of India
NEW DELHI: A compliance audit of I-T collections from 11 distilleries and breweries in UP, Maharashtra, Karnataka, and Delhi has uncovered significant under-reporting of sales, with the Comptroller and Auditor General estimating the tax implications of this “short accounting” at approximately Rs 12,800 crore over a 10-year period.The CAG report, tabled in Parliament last week,…