The Delay of the mid-Level tax Office in the Investigation of Suryajyoti Life’s Tax Evasion, the Authority’s Instructions were Ignored.

Kathmandu : Suryajyoti Life has been found to be delaying the mid-level tax office to investigate multi-crore tax evasion. The Nepal Insurance Authority tried to save the complaint by sending a letter to the commission without investigating the complaint filed by the authority regarding the company’s tax evasion.

Although the Insurance Authority tried to protect Suryajyoti Life’s tax evasion scandal, it is understood that the matter has come under investigation in the eyes of the Tax Office. In some documents received by Bimapost, it has been seen that the tax payment was made by tax evasion without reconciling the accounts during the tax payment for the year 2020.021.

It has been seen that Suryajyoti Life, which has been doing business for years, has reconciled its accounts by making the tax to be filed in the year 2020.021 zero.

The company filed zero tax, saying it was in loss. However, the statement received by Bimapost was false. There is a complaint that the action process has been delayed even when the director general of the Internal Revenue Department was informed about Suryajyoti Life’s tax evasion and a case before the authority for dealing with the PAN number of taxpayer no. 302837144.

It has been found that the instructions of the Abuse of Authority Investigation Commission regarding the tax evasion in Suryajyoti Life Insurance Company have not been implemented by the Insurance Authority.

Fixation and corruption are increasing in the corporate sector. It has become the business of public companies to adopt various tax evasion schemes. Even though the Authority Abuse Investigation Commission has repeatedly written to the Insurance Authority regarding the alleged tax evasion by the country’s prestigious Suryajyoti Life Insurance Company, the discussion about the transaction is widespread in the insurance sector.

The coffers of the nation are empty, what is the mid-level tax office doing even when public companies are evading taxes day in and day out? The question has been raised.