: I-T raids on Hyderabad-based real-estate company #IndiaNEWS #Hyderabad Hyderabad: The sleuths of Income Tax (I-T) department carried out simultaneous raids across the country on the properties belonging
I-T raids on Hyderabad-based real-estate company #IndiaNEWS #Hyderabad
Hyderabad: The sleuths of Income Tax (I-T) department carried out simultaneous raids across the country on the properties belonging to a city-based real estate company in connection with the alleged tax evasion.
On coming to know about the tax evasion committed by the company, special teams from the I-T department conducted raids at four metropolitan cities and 10 other places in Hyderabad. During the raids, the sleuths seized crucial documents.
It is learnt that the I-T authorities also seized cash during the raids. The company is into business pertaining to construction of apartments apart from handling road infrastructure projects.
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