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    <title>Income Tax Department conducts searches on business group in Goa</title>
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    <description>Income-tax authorities conducted coordinated searches on premises of two business groups in Goa linked to a hotel-resort transaction, targeting entities in hotels, hospitality, real estate and catering. The searches resulted in seizure of undisclosed cash and jewellery/valuables and prompted the group to disclose undisclosed income and commit to immediate payment of the related taxes.</description>
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