Ahmedabad: The Income Tax Department recently conducted raids at various places, including Gujaratand explored the huge unaccounted transactions,
On July 20, raids were conducted on the premises of a business group in Kheda, Ahmedabad, Mumbai, Hyderabad and Kolkata, as reported by ANI.
Evidence of large-scale tax evasion has come to light during the raids.
While unaccounted transactions worth over Rs 1,000 crore were detected, IT has also recovered unaccounted cash worth Rs 24 crore.
Further investigation in the matter is on.
On July 20, raids were conducted on the premises of a business group in Kheda, Ahmedabad, Mumbai, Hyderabad and Kolkata, as reported by ANI.
Evidence of large-scale tax evasion has come to light during the raids.
While unaccounted transactions worth over Rs 1,000 crore were detected, IT has also recovered unaccounted cash worth Rs 24 crore.
Further investigation in the matter is on.