The Income-tax dept. has carried out a search operation on a prominent group in Jharkhand dealing in building construction and real estate. Evidence gathered during the search established that the group had fraudulently got more than 300 acres of forest land registered in its name. Preliminary evidence found suggests evasion of tax of more than Rs. 50 crore.The Income-tax dept. has carried out a search operation on a prominent group in Jharkhand dealing in building construction and real estate. Evidence gathered during the search established that the group had fraudulently got more than 300 acres of forest land registered in its name. Preliminary evidence found suggests evasion of tax of more than Rs. 50 crore.taxmann.com Latest Statutory HappeningsRead More
