New Delhi: Late big bull Harshad Mehta, India's largest car maker Maruti Udyog Ltd and liquor major Shaw Wallace are among top 20 corporate and individual Income Tax (IT) defaulters, Lok Sabha was informed today (Dec 5, 2003).

Finance Minister Jaswant Singh said as per information given by his Ministry, another big bull Hiten P Dalal also figured among the top 20 with highest outstanding demand as on June 30 this year.

Besides them, the list includes Sahara India Financial Corporation, Sahara India Mutual Benefit Co Ltd, First Global Stock Broking, Rolex Holding and Ganpati Exports Ltd, Singh said.

Other defaulters included Northern Coalfields, Industrial Development Board of India (IDBI) and Videsh Sanchar Nigam Ltd (VSNL).

Most of the assessees in the list were notified assessees where recovery was possible only with the approval of special courts.

Some cases are pending before the Board for Industrial and Financial Reconstruction (BIFR), where recovery has not been possible in view of provisions of section 22 of Sick Industrial Companies (Special Provisions) Act, 1985, the Finance Minister said.

PTI