Full Statement Of Income Tax Department On 'Survey' At BBC Offices

The survey revealed the income/profits shown by various group entities is not commensurate with the scale of operations in India, says the Income Tax department.

The Income Tax Department has claimed it has uncovered irregularities in the accounting books of the British Broadcasting Corporation (BBC) after a three-day survey, which came weeks after the corporation aired a series on Prime Minister Narendra Modi.

Here is the full statement by the Income Tax department:

A survey action under section 133A of the Income- tax Act, 1961(the Act) was carried out at the business premises of group entities of a prominent international Media Company at Delhi and Mumbai. The group is engaged in the business of development of content in English, Hindi and various other Indian languages; advertisement sales and market support services, etc.

The survey revealed that despite substantial consumption of content in various Indian languages (apart from English), the income/profits shown by various group entities is not commensurate with the scale of operations in India. During the course of the survey, the Department gathered several evidences pertaining to the operation of the organization which indicate that tax has not been paid on certain remittances which have not been disclosed as income in India by the foreign entities of the group.