Kathmandu. According to the Office of the Auditor General, an internet service provider company has been found to have evaded tax.

Section 13 of the Income Tax Act, 2058 states that only this year’s expenditure can be deducted for income tax purposes. An Internet Service Provider under the Large Taxpayers’ Office 2080. It has submitted an income statement of 43,24,000 losses in 81 years.

In the past years, the government has paid only 4 percent royalty and 2 percent rural telecommunication development fee of the partial amount, contrary to the provision of the law.

According to the report, the royalty and rural development fee of Rs 1.21 billion has been deducted in the current fiscal year and the expenditure will not be deducted as per Section 13 of the Expenditure Reduction Act. The court has also directed the government to recover 30 percent of the remaining Rs 1.21 billion and 30 percent income tax on Rs 363.761 million by adjusting the loss and recovering the remaining Rs 1.21 billion by adjusting the loss.