Quick Summary
Income Tax Department carried out search and seizure operations on 06.07.2022 on two business groups of Tamil Nadu engaged in the business of Civil Contracts, Real Estate, Advertising etc. The search operations were carried out at more than 40 premises located in Chennai, Coimbatore and Madurai. During the course of the search operations, various incriminating documentary and digital evidences have been seized. The preliminary examination of such evidences indicates that both these groups hav
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
The search and seizure operations were carried out on 06.07.2022.
Two business groups in Tamil Nadu engaged in Civil Contracts, Real Estate, and Advertising were searched.
The operations took place at more than 40 premises located in Chennai, Coimbatore, and Madurai.
Incriminating documentary and digital evidence was seized, indicating suppressed taxable income through bogus purchases, expenses, and undeclared profits from joint ventures.
The undisclosed income detected so far is estimated at more than Rs 500 crore.
No, further investigations are in progress.
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