Dept. conducted search on ‘Dainik Bhaskar’ Group; income escapment of Rs. 700 crore over 6 years detected

The Income-tax dept. has carried out a search operation on 22.07.2021 on a ‘Dainik Bhaskar’ business group, which is involved in businesses in various sectors, including Media, Power, Textiles, etc. The quantum of income escapement using this modus operandi, detected so far, amounts to Rs. 700 crore spread over a period of 6 years.The Income-tax dept. has carried out a search operation on 22.07.2021 on a ‘Dainik Bhaskar’ business group, which is involved in businesses in various sectors, including Media, Power, Textiles, etc. The quantum of income escapement using this modus operandi, detected so far, amounts to Rs. 700 crore spread over a period of 6 years.taxmann.com Latest Statutory HappeningsRead More

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