Business News
Home > Business News
I-T searches in Maha reveal unaccounted income of over Rs 184 Cr
TIWN
TIWN
PHOTO : TIWN
New Delhi, Oct 15 (TIWN) The Income Tax Department carried out search and seizure operations on two real estate business groups of Mumbai and certain individuals and entities associated with them.
The search operations commenced on October 7 and have been carried out at about 70 premises spread across Mumbai, Pune, Baramati, Goa and Jaipur, the department said in a statement. The evidence gathered during the search has revealed several prima-facie unaccounted and benami transactions. Incriminating documents, evidence of unaccounted income of about Rs 184 crore of the two groups have been found.
Add your Comment
Comments (0)
More Business News
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses
- India on the cusp of becoming a global tech powerhouse: Industry leaders
- Air India Express row: 85 flights cancelled as cabin crew members continue strike