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I-T dept 'surveys' online news portals in tax case, say officials

The Income Tax department on Friday conducted separate "survey operations" at the premises of online news portals Newsclick and Newslaundry here, officials said.

tax, taxes, taxation, tax evasion, I-T raids, Income tax
Press Trust of India New Delhi
1 min read Last Updated : Sep 10 2021 | 4:59 PM IST

The Income Tax department on Friday conducted separate "survey operations" at the premises of online news portals Newsclick and Newslaundry here, officials said.

They said the operations are being conducted to verify certain tax payment details and remittances made by the organisations.

Tax officials are covering the business premises of the two portals, officials added.

Newsclick and its founders were also raided by the Enforcement Directorate (ED) in February under provisions of the anti-money laundering law.

The money laundering case arises out of a Delhi Police FIR alleging that PPK Newsclick Studio Pvt Ltd received foreign direct investment (FDI) of Rs 9.59 crore from Worldwide Media Holdings LLC USA during the financial year 2018-19.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :IT deptonline newsTaxation

First Published: Sep 10 2021 | 4:54 PM IST

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