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Mumbai Crime: Research institute director booked for tax evasion

According to the FIR filed by the deputy commissioner of Income Tax, the institute in question never existed, yet accepted donations of Rs 197 crore on the pretext of giving income tax rebates

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Representational picture

Representational picture

The Bhoiwada cops have registered a case against the director of a research institute and his associates for income tax evasion of Rs 58 crore.

According to the FIR filed by the deputy commissioner of Income Tax, the institute in question never existed, yet accepted donations of Rs 197 crore on the pretext of giving income tax rebates. The matter has been transferred to the Economic Offences Wing.

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