Rahul

Ummm.. they're not a public company yet, so won't declare their revenue publicly. But they'd be declaring it all in their tax returns.

Yes. Using of shell companies to divert money, show loss, hence prevent them from paying taxes. Come clean, if they got nothing to hide

Do you have proof that HasGeek does the shell company tax evasion thing? What should they come clean for? Applies to every pvt comp then?

It would so much better, if govt passes this mandatory rule making all pvt company books public. All business are crooks, all cheat on taxes

So the government knows if they do, and can chase them. Unless public has invested money in a firm, no need to make its taxation public

There are so many loopholes which businesses abuse. Cheating on taxes == taking public money Have nothing to hide, got nothing to fear!

Incorrect. You're thinking only from one angle. Its counter productive to competition and evasions will still happen

How? Large public companies disclose their books every quarter! They are much more controlled than the Pvt ltd and proprietorship firms