IT Dept. unearthed Rs. 600 crore unaccounted income during search conducted on two groups in Gurugram

The Income-tax Department has carried out search and seizure operations on two groups in Gurugram. Various incriminating documents and electronic data relating to unaccounted investment in real estate, unaccounted sales and purchases, difference in stock, acquisition of shell companies, benami properties etc. were found. The search action has led to the detection of estimated unaccounted income to the tune of Rs. 600 crore.The Income-tax Department has carried out search and seizure operations on two groups in Gurugram. Various incriminating documents and electronic data relating to unaccounted investment in real estate, unaccounted sales and purchases, difference in stock, acquisition of shell companies, benami properties etc. were found. The search action has led to the detection of estimated unaccounted income to the tune of Rs. 600 crore.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply