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I-T dept conducts search operations in three cities; unearths Rs 1300 crore black money [details]

The Income Tax Department on Thursday said it initiated search and seizure operations at 50 premises spread across Bengaluru, Mumbai and Goa, on October 20 and November 2, on certain individuals who had executed Joint Development Agreements (JDAs) with various real estate developers. ....

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I-T dept unearths Rs 100cr black income in raids on just two groups in Maha [details]

The Income Tax Department on Friday said that it unearthed Rs 100 crore during a search and seizure action on August 25 on two groups engaged in sand mining, sugar manufacturing, road construction, healthcare, running of medical colleges in Maharashtra. ....

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I-T dept raids Srinagar-based hospital owner; detects Rs 100 cr cash transactions


I-T dept raids Srinagar-based hospital owner; detects Rs 100 cr cash transactions
According to the Income Tax department, the group is in the practice of buying large chunks of land parcels in piecemeal and aggregating them
Dipak Mondal | February 21, 2021 | Updated 14:43 IST
The group s core business includes running the hospital, real estate and trading in household consumables
The Income Tax (I-T) department on Friday, February 21, raided the residential and office premises of the owner of a group running the biggest private multi-speciality hospital in Srinagar with more than 100 beds. The raids were conducted at seven sites, including four residential premises, all in Srinagar. ....

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