SIT detects tax evasion in Haryana | chandigarh | Hindustan Times
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SIT detects tax evasion in Haryana

A Special Investigation Team (SIT) formed by Haryana Lokayukta to probe tax evasion has projected revenue loss of more than Rs 10,000 crore, caused by unscrupulous builders and developers, to the state exchequer.

chandigarh Updated: Jan 16, 2015 17:16 IST

A Special Investigation Team (SIT) formed by Haryana Lokayukta to probe tax evasion has projected revenue loss of more than Rs 10,000 crore, caused by unscrupulous builders and developers, to the state exchequer.

Haryana Lokayukta Justice Pritam Pal (Retd) had formed the SIT last year following a complaint submitted by a Kaithal-based resident, who had alleged massive tax evasion.

SIT led by inspector general of police Shrikant Jadhav on Thursday submitted the report to Haryana Lokayukta.

"The report has been submitted to Haryana Lokayukta," Jadhav said on Friday while declining to divulge details.

During the course of investigation, the SIT found that a large number of builders and developers in housing segment were not paying tax on the sale of flats in the state despite a Supreme Court ruling in this regard.

Moreover, they also allegedly indulged in filling "wrong" tax returns with the department, sources said.

SIT also discovered the involvement of certain officials of Haryana excise and taxation department, who allegedly helped the builders and developers to evade tax.

It was found that builders including reputed ones based at Gurgaon, Faridabad, Sonepat and Panipat were allegedly involved in tax evasion, the sources said.

During the course of inquiry which started in the month of June last year, SIT received more complaints of tax evasion in other industry verticals such as rice industry, cigarette and tobacco in the state.

During its investigation, the SIT found that some cigarette dealers in Faridabad were allegedly involved in claiming bogus tax refund while a few rice sellers and exporters in Karnal and Sonepat allegedly got tax relief under the garb of consignment sales.