Income Tax Raids

I-T raids over 70 locations of Uflex company, Rs 1.50 cr in cash recovered

The officials found 20 bank accounts belonging to people from the economically weaker section of the society with transactions ranging from Rs 5-50 crore

ED, I-T raids on Mushrif: MVA slams BJP for unleashing 'fear politics'

Mushrif is the third senior NCP leader after Anil Deshmukh and Nawab Malik, besides Shiv Sena (UT)'s Raut, facing the heat of the various probe agencies in the past couple of years

Income Tax dept conducts searches at Metropolis Healthcare in Mumbai

The Income-tax department on Wednesday conducted searches at the premises of Mumbai-based Metropolis Healthcare that runs medical diagnostic centres as part of a tax evasion investigation, official sources said. The locations of the company in Mumbai are being covered, they said. A response from the company is awaited. The company is a prominent player in the medical tests and diagnostics business domain. It had last week reported a consolidated profit after tax of Rs 40.5 crore for the second quarter that ended September 30.

I-T Dept surveys think tank CPR, NGOs and unrecognised political parties

Sources said the department is looking at the balance sheets of these organisations vis-a-vis the receipt of funds via the FCRA

Income Tax raids 22 locations in Lucknow, Kanpur in corruption cases

Income Tax raids are being carried out at 22 places simultaneously in Uttar Pradesh, including Lucknow and Kanpur in connection with the corruption cases

Maharashtra: I-T Dept seizes Rs 56-cr cash, Rs 14-cr jewellery during raids

I-T Dept carried out a search operation on two major groups engaged in manufacturing of steel TMT Bars. The search operation covered over 30 premises spread across Jalna, Aurangabad, Nashik and Mumbai

Delhi: I-T raids on hospitals reveals unaccounted income of Rs 150 cr

The Income Tax Department on Wednesday said it recently carried out search and seizure operations on several groups engaged in healthcare services by running hospitals.

I-T raids underway at multiple locations linked to Tamil film producer

According to sources, The IT sleuths were carrying out raids at 40 places including Chennai, Madurai since 5 am in the morning.

I-T dept finds Rs 150 cr black income after raids on 2 Tamil Nadu groups

The Income Tax Department has detected "unaccounted" income of Rs 150 crore after it recently raided two Tamil Nadu-based business groups engaged in real estate

I-T recovers Rs 10 crore cash, seals 12 lockers of Asian Granito Ltd

In a mega search operation on Asian Granito India Ltd, the Income Tax Department has recovered Rs 10 crore cash and has sealed 12 bank lockers. The search is likely to continue for the next few days.

I-T dept detects multiple irregularities after raids on Hero Moto, others

The Income Tax Department has found alleged illegal business expenses of over Rs 800 crore, Rs 60 crore "unaccounted" cash used to purchase land in Delhi

I-T recovers Rs 2 Cr from Shiv Sena leader's residence in Mumbai

The Income Tax (I-T) Department has seized around Rs 2 crore from the premises of family and associates of Shiv Sena corporator and Standing Committee chairperson of BMC, Yashwant Jadhav during raids.

I-T searches on China's Huawei over tax evasion, firm says co-operating

The Income Tax department on Wednesday carried out raids at multiple premises linked to Chinese tech conglomerate Huawei across the country in connection with alleged tax evasion.

I-T dept recovers Rs 8 crore, 3 kg gold in raids on MP businessmen

The Income-Tax department has recovered Rs 8 crore in cash and three kilogram gold besides incriminating documents in raids on the premises of businessman Shankar Rai and his brothers in MP

China cites harsh business environment after I-T searches on Chinese firms

The operations of Chinese firms remain normal at the moment, but relevant companies are looking to reassure their Indian employees as the investigation has caused some concerns, a report said

I-T sleuths raid 2 UP businessmen after tax evasion worth crores detected

Tax evasion worth crores of rupees has been detected during Income Tax raids on two businessmen in the city.

Xiaomi to Oppo: Income tax raids on China, Taiwan phone makers

According to sources, state investigation wings of the income tax department were not aware of these raids

Income Tax Dept raids Chinese mobile firms across country: Report

Mobile companies including Oppo, Xiaomi and One Plus are being covered in this search, sources told ANI on Wednesday

I-T raid at Akhilesh Yadav's close aide Jainendra Yadav's premises

An income tax raid is being conducted at the premises of the close aide of Samajwadi Party's Chief Akhilesh Yadav, Jainendra Yadav in Lucknow, said sources.Earlier today the raids had been conducted at the premises of RCL Group promotor Manoj Yadav in Mainpuri and Samajwadi Party (SP) national secretary and spokesperson Rajiv Rai in Mau, Uttar Pradesh, added the sources.The raid has been going on since 7 am at the residence of Rai at Sahadatpura of Mau district.Searches at the residence of Akhilesh Yadav's close aide Manoj Yadav have been going on for two hours now.Further details are awaited.

IT dept detects Rs 200-cr black income after raids on dry fruits traders

The Income Tax Department has detected unaccounted income of over Rs 200 crore after it recently raided people engaged in dry fruits trade located in Jammu and Kashmir and Punjab, CBDT said