NEW DELHI, OCT 22
An alleged tax evasion by a British firm which bagged the Rs 246 crore broadcast contract for Commonwealth Games has been unearthed by the I-T department which has invoked the Indo-UK Double Taxation Avoidance pact to go after the company.
The alleged tax evasion by the Indian arm of the London-based SIS live, which, Income Tax department said came into existence “solely” for the purpose of executing the contract, was to the tune of Rs 29 crore, I-T officials said.
On another front in the Games scam, the CVC asked CBI to probe any criminal conspiracy angle in award of certain Games-related projects.
Official sources said the CVC detected discrepancies like payment to non-existent parties, willful delay in execution of contracts, inflated prices and bungling in purchase and renting of overlays.
