Tag: Search by Income tax department

The Income Tax Department had conducted a search and seizure operations on a diversified business group engaged in the manufacturing ...

Evidences found in the sales office and main office have revealed that the group makes 35% to 40% of its ...

In case of another company covered in the search action, it has been detected that the control of the affairs ...

The trail of receipt of cash component on unaccounted sale of goods has also been found. In the case of ...

During the course of the search operations, a remotely located cloud server containing parallel set of books of account secretly ...

One of the ARCs was found to be maintaining a parallel set of accounts on Tally accounting software, in a ...

A preliminary analysis of these evidences indicates unaccounted cash receipt of on- money of more than Rs. 300 crore on sale ...

The Income Tax Department initiated search and seizure operations on a prominent business group, engaged primarily in the manufacturing of ...

A preliminary analysis of these evidences reveals that many paper/shell companies are run by the group to provide accommodation entries ...

The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and ...

Documentary evidence found and seized from the search operation of the coaching group clearly shows suppression of cash receipts from ...

The preliminary analysis of these evidence clearly shows evasion of taxable income by adopting various malpractices such as claim of ...

Several documentary and digital evidences have been found and seized demonstrating receipt of cash to the tune of Rs.100 crore, as part ...

The search action has resulted in seizure of cash of about Rs. 4 crore and jewellery valued at Rs. 9.00 crore. So far, ...

One of such companies trading in chemicals was found to be routing the claim of purchases through Marshall Island, a ...