Stay updated with breaking news from Transfer Pricing Rules. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Banerjee also expressed concern that the freedom of the press has been affected by the action against the broadcaster and warned that soon there may be no media left in the country.
The Indian Income Tax Department began the second day of searches at the BBC offices in New Delhi and Mumbai, Indian media reported on Wednesday, citing sources.Investigators knocked on the BCC doors on Tuesday morning and they are still present at the site, the New Indian Express newspaper reported ..
The Income Tax searches at the New Delhi BBC office came a week after the broadcaster aired a documentary critical of PM Modi. A source recalls the day the I-T officials landed at the BBC office
The searches arein view of "the BBC's deliberate non-compliance with the Transfer Pricing Rules and its vast diversion of profits of international taxation", sources said.
The Income Tax department on Tuesday conducted a survey at BBC's offices in Delhi and Mumbai in view of the British public broadcaster's deliberate non-compliance with the Transfer Pricing Rules and its vast diversion of profits, said sources.