Quick Summary
The Income Tax Department carried out search and seizure operations in border districts of Rajasthan on 28.10.2021 covering 33 premises at different locations, where the groups are carrying on business of real estate, sand-mining and liquor trade. During the course of the search, documentary evid
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FAQ :
The Income Tax Department conducted search and seizure operations in Rajasthan on 28.10.2021.
A total of 33 premises were searched across different locations in the border districts of Rajasthan.
The businesses targeted were involved in real estate, sand-mining, and the liquor trade.
During the search, unaccounted cash of Rs 2.31 crore and unexplained jewellery worth Rs 2.48 crore were seized.
The search action led to the detection of total undeclared income exceeding Rs 50 crore.
Yes, the assessees have admitted to undeclared income exceeding Rs 35 crore and have offered to pay the due taxes.
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