Income Tax Department conducts searches in NCR

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....ncome Tax Department conducts searches in NCR <br>News and Press Release<br>Dated:- 3-12-2019<br><BR>The Income Tax Department conducted a search and survey action on a group having interest in infras....

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....tructure, 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 unacco....

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....unted cash receipts of more than &#8377; 250 crore have also been found and seized. The group also did not pay taxes on several property transactions. Unaccounted assets of &#8377; 3.75 crore have bee....

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....n seized. Thirty-two bank lockers have also been sealed. The group has admitted undisclosed income of more than &#8377; 3,000 crore and agreed to pay tax on the same.<BR> News - Press release - PIB....