Income Tax Department conducts searches in NCR

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..... Income Tax Department conducts searches in NCR
News and Press Release
Dated:- 3-12-2019

The Income Tax Department conducted a search and survey action on a group having interest in infra .....

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..... structure, mining and real estate. More than 25 premises were covered in NCR. Search action led to recovery of unaccounted assets and incriminating documents. Cash ledgers containing details of unacc .....

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..... ounted cash receipts of more than ₹ 250 crore have also been found and seized. The group also did not pay taxes on several property transactions. Unaccounted assets of ₹ 3.75 crore have be .....

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..... en seized. Thirty-two bank lockers have also been sealed. The group has admitted undisclosed income of more than ₹ 3,000 crore and agreed to pay tax on the same.
News - Press release - PIB .....

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