The Income Tax department has reportedly frozen some bank accounts of software services company Cognizant Technology Solutions for alleged tax evasion by the firm.
Reports say, a Dividend Distribution tax evasion amounting to Rs 2,500 crore in the year 2016-2017 is alleged against Cognizant which is one of India's largest software firms.
The I-T department had already issued a notice to the company and the accounts were frozen about a week back, says an Economic Times report.
Tags : #COGNIZANT #TAXEVASION 
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