BBC survey: Income, profits not commensurate with India ops, says CBDT

The income and profits shown by various BBC group entities are “not commensurate” with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

The Central Board of Direct Taxes (CBDT) issued a statement without identifying the company but said the survey was conducted at the business premises of group entities of a prominent international media company which is engaged in the business of development of content in English, Hindi, and various other Indian languages, advertisement sales and market support services, etc. Officials said the statement pertains to the British Broadcasting Corporation (BBC).

Read more

You may also like

More in Broadcasting

Comments are closed.