New Delhi: Arindam Chaudhary, director of the Indian Institute of Planning and Management, has been arrested for tax evasion. Chaudhary has been arrested for tax evasion of Rs 23 crore.
Chaudhary was arrested by the Central Goods and Services Commissionerate under Section 89 of the Finance Act, which imposes fines for non-payment of service tax.
Gurudas Malik, director of IIPM Company, was earlier arrested for the same offense. He was remanded in judicial custody for 14 days. The IIPM government has been shutting down since 2015 after students were offered fake MBA degrees and extorted money. Arindam Chaudhary is also a film producer.
