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MCA to examine tax evasion cases

The ministry of corporate affairs (MCA) has sought details from the Income-Tax department of companies against whom tax-evasion charges have been framed, reports Economic Times.

The ministry feels that scanning those records could unearth cases of violation of company law.

While tax evasion can be settled through payment of penalty, many offences under company law are punishable as imprisonment for top managers.

Experts do find logic in the move as evasion of taxes often result in di

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