The Income Tax Department has carried out search and seizure operation on a group running the biggest private Multi-specialty Hospital in Srinagar with more than 100 beds. The group has made unaccounted property transactions of more than Rs.100 crore in cash since FY 2013-14 onwards. The search has revealed substantial evasion of stamp duty due to the State Govt./Union Territory on cash paid as sale consideration over amp; above the registered value of the propertyThe Income Tax Department has carried out search and seizure operation on a group running the biggest private Multi-specialty Hospital in Srinagar with more than 100 beds. The group has made unaccounted property transactions of more than Rs.100 crore in cash since FY 2013-14 onwards. The search has revealed substantial evasion of stamp duty due to the State Govt./Union Territory on cash paid as sale consideration over amp; above the registered value of the propertytaxmann.com Latest Statutory HappeningsRead More
