|     |     |    |    |     |     |  
Ncr-Based Real Estate Group Admits Rs 3,000-Crore Black Money After I-T Raids
not available
Ncr-Based Real Estate Group Admits Rs 3,000-Crore Black Money After I-T Raids
Publish on : 2019-12-09 14:04:40
New Delhi: An Undisclosed Income Of Over Rs 3,000 Crore Has Been Admitted" By A Ncr-Based Real Estate Group After The Income Tax Department Raided It Recently, The Cbdt Said In A Statement On Monday. Though The Central Board Of Direct Taxes (Cbdt) Did Not Identify The Firm, Officials Sources Claimed It To Be The Oriental India Group. Last Week, Searches And Surveys Were Conducted At Over 25 Premises Of The Group That Has Interests In Infrastructure, Mining And Real Estate, According To The Statement. Cash Ledgers Containing Details Of Unaccounted Cash Receipts Of More Than Rs 250 Crore Have Also Been Found And Seized. The Group Also Did Not Pay Taxes On Several Property Transactions. Unaccounted Assets Of Rs 3.75 Crore Have Been Seized. The Group Has Admitted Undisclosed Income Of More Than Rs 3,000 Crore And Agreed To Pay Tax On The Same," The Statement Said. The Cbdt Frames Policy For The I-T Department

@2019 TeamUp. All rights reserved. Site visitors are subject to our Privacy Policy and Terms of use.