BBC admits to underreporting Rs 40 crore earnings in India
2 min readBy Online Desk
The British Broadcasting Company (BBC) has acknowledged that it may need paid lower taxes than its obligation, as reported by Hindustan Times.
The BBC has despatched an e-mail to the Central Board of Direct Taxes confessing that it underreported Rs 40 crore of earnings in its tax returns, HT reported.
The broadcaster is now required to file revised returns and settle glorious dues, penalties, and curiosity.
Tax surveys have been carried out at BBC workplaces in Delhi and Mumbai by the Income Tax Department in February. In its assertion following the movement, the Central Board of Direct Taxes (CBDT) said it had found discrepancies and that the earnings and revenue disclosed by the organisation’s objects have been “not commensurate with the scale of operations in India”.
In the wake of the movement, the British authorities strongly defended the BBC and its editorial freedom in Parliament saying: “We stand up for the BBC. We fund the BBC. We think the BBC World Service is vital.”
The BBC had in January launched the documentary film titled ‘India: The Modi Question,” which choices the Gujarat riots of 2002. The film prompted controversy for alluding to the administration of Modi as chief minister by way of the riots whereas disregarding the clear chit given by the Supreme Court.
The British Broadcasting Company (BBC) has acknowledged that it may need paid lower taxes than its obligation, as reported by Hindustan Times.
The BBC has despatched an e-mail to the Central Board of Direct Taxes confessing that it underreported Rs 40 crore of earnings in its tax returns, HT reported.
The broadcaster is now required to file revised returns and settle glorious dues, penalties, and curiosity.googletag.cmd.push(carry out() googletag.present(‘div-gpt-ad-8052921-2’); );
Tax surveys have been carried out at BBC workplaces in Delhi and Mumbai by the Income Tax Department in February. In its assertion following the movement, the Central Board of Direct Taxes (CBDT) said it had found discrepancies and that the earnings and revenue disclosed by the organisation’s objects have been “not commensurate with the scale of operations in India”.
In the wake of the movement, the British authorities strongly defended the BBC and its editorial freedom in Parliament saying: “We stand up for the BBC. We fund the BBC. We think the BBC World Service is vital.”
The BBC had in January launched the documentary film titled ‘India: The Modi Question,” which choices the Gujarat riots of 2002. The film prompted controversy for alluding to the administration of Modi as chief minister by way of the riots whereas disregarding the clear chit given by the Supreme Court.
