Income-Tax dept searches Truecaller India offices in tax evasion case

The Income-Tax Department Thursday carried out searches at offices of global caller ID platform Truecaller on charges of tax evasion, official sources said.

The Stockholm-headquartered company said it was cooperating with the investigators.

Tax officials said the searches were aimed to gather detailed information and check documents in connection with certain charges of tax evasion including those pertaining to transfer pricing (TP) issues.