Cognizant’s bank accounts frozen
Chennai: The Income Tax Department has frozen bank accounts of software services company Cognizant for alleged evasion of Dividend Distribution Tax (DDT) but the firm said on Tuesday that its operations of the company were not affected by the action.
A company official also said that the Madras High Court had instructed the tax department not to take further action pending further hearings.
According to Cognizant, it has paid all applicable taxes.
The dispute pertains to Cognizant Technology Solutions India (P) Ltd buying its own shares from shareholders - two companies, one based in Mauritius and the other in US - in 2016 under a scheme of arrangement and compromise.
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UP: Over 100 monkeys die of toxic chemical, buried in pit to hide carnage
Hathras (UP), Nov 22: More than 100 monkeys perished after inhaling a pesticide sprayed in a food godown and were stealthily buried in a pit, police on Friday said.
The bodies were taken out for a postmortem by a team of veterinarians on Friday.
Circle Officer Yogendra Krishna Narayan said police came to know about the deaths on Wednesday.
Police have registered a case against the employees of Food Corporation of India and started an investigation.
According to police, the chemical in question was aluminium phosphide sprayed on wheat sacks to protect it from insects and rodents in an FCI warehouse on November 7.
A troop of monkeys entered the warehouse through a broken window of the godown on the night of November 7 and ended up inhaling the gas.
When the workers opened the warehouse on November 9, they saw several monkeys dead.
They allegedly chose not to inform their seniors about deaths and buried the bodies in a pit.
The CO said the bodies were exhumed when some Vishv Hindu Parishad leaders came to know about the incident.
As per police count, more than 100 monkeys were exhumed from the pit.
Their bodies were in late stage decay, the officer said.
