The Income-tax Dept. has conducted search and seizure operations across India. Search carried out in Kanchipuram, Chennai, Vellore and Hyderabad. Search conducted in Hyderabad was on a major Pharmaceutical group. It has resulted in seizure of unexplained cash amounting to Rs. 142.87 crore so far and the unaccounted income unearthed is estimated to be in the range of about Rs 550 crore till now.The Income-tax Dept. has conducted search and seizure operations across India. Search carried out in Kanchipuram, Chennai, Vellore and Hyderabad. Search conducted in Hyderabad was on a major Pharmaceutical group. It has resulted in seizure of unexplained cash amounting to Rs. 142.87 crore so far and the unaccounted income unearthed is estimated to be in the range of about Rs 550 crore till now.taxmann.com Latest Statutory HappeningsRead More
