Tax dept. detects undisclosed income of Rs. 400 crore during search on two real estate groups based in Delhi-NCR

The Income Tax Department carried out a search and seizure operation on two real estate groups based in Delhi-NCR. During the course of the search action, various incriminating evidences in the form of digital and physical data have been found and seized. The evidence gathered so far, prima facie, indicates that undisclosed income could be to the tune of about Rs. 400 crore.The Income Tax Department carried out a search and seizure operation on two real estate groups based in Delhi-NCR. During the course of the search action, various incriminating evidences in the form of digital and physical data have been found and seized. The evidence gathered so far, prima facie, indicates that undisclosed income could be to the tune of about Rs. 400 crore.taxmann.com Latest Statutory HappeningsRead More

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