I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion

The Income Tax Department has accused Hinduja Global Solutions (HGS) of evading taxes amounting to around Rs 2,500 crore, according to a report by The Economic Times.

A recent internal report, following a nine-month investigation, outlines these allegations against Hinduja Global Solutions. Tax officials, citing the General Anti-Avoidance Rule, claim that HGS merged with a loss-making company after selling its profitable healthcare division to avoid paying taxes, the report said.