The Income Tax Department conducted a search and survey action on a group having interest in infrastructure, mining and real estate. More than 25 premises were covered in NCR.

Search action led to recovery of unaccounted assets and incriminating documents. Cash ledgers containing details of unaccounted cash receipts of more than ₹ 250 crore have also been found and seized. The group also did not pay taxes on several property transactions. Unaccounted assets of ₹ 3.75 crore have been seized. Thirty-two bank lockers have also been sealed. The group has admitted undisclosed income of more than ₹ 3,000 crore and agreed to pay tax on the same.

Search and seizure operations uncover extensive undisclosed income prompting tax assessment, compliance measures and asset seizures. A coordinated search and seizure operation on a group in infrastructure, mining and real estate in the National Capital Region recovered cash, ledgers and incriminating documents, seized unaccounted assets and sealed multiple bank lockers. Cash ledgers documenting large unrecorded receipts and admissions of substantial undisclosed income were identified, and the tax authority reported unpaid tax liabilities linked to property transactions as the basis for assessment and compliance action.