WebSep 8, 2024 · By Divyesh Singh: The Income Tax department has busted political parties which took crores in donations and operated from slums, shops and flats across the country.. The I-T officials, while conducting raids on several registered but unrecognised political parties in Sultanpur, Uttar Pradesh, traced a party which operated from a watch … WebJan 4, 2024 · During an income tax raid in Kanpur that we conducted on a local politician (who also ran a flourishing business) in the 1980s, a slogan-shouting, hockey sticks/iron rods-wielding crowd of ...
Noida: I-T raids on ex IPS officer, boxes of cash worth ... - OpIndia
WebMar 23, 2024 · New Delhi: The income tax department has conducted raids at the Hero MotoCorp chairman and Managing Director Pawan Munjal's residence and office on Wednesday, according to the news agency ANI. “Income Tax department conducting searches at multiple premises of Hero Motocorp. The office and residence of promoter … WebJul 23, 2024 · An IT raid is a constitutionally valid mechanism by which the IT department tries to curb black money in the country. A raid is conducted on the basis of credible information of tax evasion. This information could come from the IT dept’s Intelligence Wing, from any of the govt departments, or is assessed from taxpayer records. mertins pumpenservice
Income Tax Conducts Raids At Hero MotoCorp Premises, …
WebJun 20, 2024 · The raids were launched on June 15 at over 40 premises in cities including Chennai, Viluppuram, Coimbatore, and Hyderabad. "Undisclosed cash of Rs 3 crore and unaccounted gold jewellery worth Rs 2.5 crore have been seized so far," the CBDT, which frames policy for the tax department, said in a statement. An analysis of the seized … WebJul 7, 2024 · The Income Tax Department sleuths on Wednesday conducted searches at several premises of the Bengaluru-based Micro Labs Ltd, the pharmaceutical company which manufactures Dolo-650 tablet. The I-T Department searches pertain to financial documents, balance sheets and business distributor networks of the company, reported … WebJan 30, 2024 · It is also known as an assessment raid. This is a common activity performed by the Income Tax Department to identify and seize and control unlawful amounts of money. Raid is officially known as search and survey operations. The main reason behind this operation is to get rid of any corruption. The Indian government is providing the best legal ... how strong was the japanese empire