Tax Dept. conducts searche and seizure operations in Chhattisgarh

The Income-tax Dept. has carried out search and seizure operations on two prominent groups of Raipur and Korba, engaged in the business of manufacturing of iron amp; steel products, coal washery and transportation, etc. The key person of this group has admitted an undisclosed income of Rs. 20 crore. So far, the search action has led to the seizure of unexplained cash and jewellery of more than Rs. 3 crore.The Income-tax Dept. has carried out search and seizure operations on two prominent groups of Raipur and Korba, engaged in the business of manufacturing of iron amp; steel products, coal washery and transportation, etc. The key person of this group has admitted an undisclosed income of Rs. 20 crore. So far, the search action has led to the seizure of unexplained cash and jewellery of more than Rs. 3 crore.taxmann.com Latest Statutory HappeningsRead More

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