The Assam government has recovered Rs 7.5 crore from Haryana-based Kaluwala Construction Private Limited for alleged tax evasion linked to the construction of a four-lane road from Dhemaji in Assam to Oyan in Arunachal Pradesh.
A 12-member investigation team from Guwahati carried out a six-day inquiry into the company’s financial records following reports of tax irregularities.
Initial findings suggest the firm may have evaded taxes amounting to around Rs 64 crore. The investigation is ongoing.