BENGALURU: India's third largest IT firm Wipro has been threatened with legal action by authorities for allegedly not paying Rs 16.5 crore property tax as sought by the Bangalore municipal corporation. Wipro said it is "exploring all legal options at its disposal to seek redressal" against any such move by the authorities concerned.
Bruhat Bengaluru Mahanagara Palike (BBMP) alleged that Wipro had not paid taxes despite repeated notices and has now been slapped a final notice for payment, failing which the company faces legal action including seizure of movable property.
"They still owe us Rs 16.5 crore in tax and dues, but despite sending them repeated notices, Wipro officials are not paying the amount. We have sent them the third and final notice, but still they are trying to buy time," BBMP Standing Committee on Taxation and Finance chairman M S Shivaprasad said.
The corporation, he said, can confiscate the movable properties of tax defaulters if they fail to pay even after being served with three notices. Wipro termed the notice as "intimidatory tactics to collect money against unsubstantiated notice of payment" and said it was exploring all legal options to seek redressal.
Bruhat Bengaluru Mahanagara Palike (BBMP) alleged that Wipro had not paid taxes despite repeated notices and has now been slapped a final notice for payment, failing which the company faces legal action including seizure of movable property.
"They still owe us Rs 16.5 crore in tax and dues, but despite sending them repeated notices, Wipro officials are not paying the amount. We have sent them the third and final notice, but still they are trying to buy time," BBMP Standing Committee on Taxation and Finance chairman M S Shivaprasad said.
The corporation, he said, can confiscate the movable properties of tax defaulters if they fail to pay even after being served with three notices. Wipro termed the notice as "intimidatory tactics to collect money against unsubstantiated notice of payment" and said it was exploring all legal options to seek redressal.
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