I-T notices issued to seven online gaming portals, dozens of players

In a major crackdown on possible tax evasion by online gaming companies, the income tax department has issued show cause notices to seven such entities and about three dozen high-value players active on their portals, said officials with knowledge of the matter. The possible tax evasion in these cases could be about Rs 28,000 crore, the officials told ET without revealing any names. The notices have been sent out over the past 15 days.The income