(TOI)
The income tax department is “aggressively” pursuing names that emerged in the Panama Papers+ , including Bollywood superstar Amitabh Bachchan+ , and has dispatched a top-level officer to the British Virgin Islandsto access information, a senior official has said. The British Virgin Islands in the Caribbean is considered to be among several tax havens. The tax department has launched 33 prosecutions linked to the names revealed in the Panama Papers and is probing others.
“There is no let-up in investigations. We are aggressively seeking information from other countries,” the official, who did not wish to be identified, told TOI. After Pakistan PM Nawaz Sharif was removed by the country’s top court in connection with the Panama Papers case, there has been criticism that tax authorities in India are dragging their feet.
