Income-Tax Dept. conducts searches in Rajkot and Visakhapatnam

The Income-tax dept. has carried out search operations on group based in Rajkot and Visakhapatnam. Group based in Rajkot is among Gujarat’s prominent real estate builders amp; developers and is actively engaged in real estate, construction and land trading businesses. The search and seizure operation has resulted in detection of concealment of income in excess of Rs. 300 crore.The Income-tax dept. has carried out search operations on group based in Rajkot and Visakhapatnam. Group based in Rajkot is among Gujarat’s prominent real estate builders amp; developers and is actively engaged in real estate, construction and land trading businesses. The search and seizure operation has resulted in detection of concealment of income in excess of Rs. 300 crore.taxmann.com Latest Statutory HappeningsRead More

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