Tax evasion notices issued to online gaming companies could be withdrawn if the Supreme Court (SC) ruled against the revenue department in the Gameskraft case, a senior government official told Business Standard.
“Show cause notices issued to online gaming firms were time-barred up to September 30. We have issued notices for alleged tax evasion and shortfalls so that we could initiate adjudication and recovery in a time-bound manner. In case of any unfavourable ruling from the apex court, those notices issued could be withdrawn,” he said while explaining the rationale behind a flurry of show cause notices to online gaming