Tag Archives: tax evasion

ILN Today Post

Private Universities under Tax Scanner

In wake of depleting revenue reserves, the government has set out on a march to probe the alleged service tax evasion by private universities and education institutes. Taking note of the practice of the private universities to open off-shore campuses, off-campus centres and study centres allegedly flouting norms of the University Grants Commission (the “UGC”), the Central Revenue Department has initiated a probe in the matter with support of the UGC to unearth the unauthorised opening and operation of the said centres.

Read full article