TMI BlogIncome Tax Department conducts searches in PuneX X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Department conducts searches in Pune - News and Press Release Dated:- 22-1-2021 - News - The Income Tax Department carried out search and survey operations on 12.01.2021 in the cases of l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eading builders located in Borivali-Mira Road-Bhayander Area of Thane. The search action has resulted in seizure of unaccounted cash of ₹ 10.16 crore. Total unaccounted income of earlier year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s detected during the search operation is ₹ 520.56 crore including the cash seized. The unaccounted income inter alia includes on-money on sale of land and flats; accommodation entries of non-ge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nuine unsecured loans routed through certain shell/paper companies; unaccounted cash receipts in the nature of capital introduction/cash loan; unaccounted cash expenses etc. Further, the unrecogniz ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed sales revenue of ₹ 514.84 crore for FY 2019-20 has been accepted by the group during the search action. Accordingly, the group has agreed to pay Self Assessment Tax on the same. Lockers fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... und during the course of search operation are yet to be operated. Further investigations are in progress. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
