The Income-tax department has initiated searches at the Mumbai locations of Metropolis Healthcare, a leading medical diagnostic centre operator. These searches are reportedly linked to a tax evasion investigation. The company recently announced its Q2 financial results, showing a profit after tax of ₹40.5 crore and a slight dip in revenue compared to the previous year.
The Income-tax department has conducted searches at the premises of Metropolis Healthcare in Mumbai that runs medical diagnostic centres.The searches were done as part of a tax evasion investigation, as per sources. The locations of the company in Mumbai are being covered, they said. A response from
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FAQ :
The Income-tax department is conducting searches at the premises of Metropolis Healthcare in Mumbai.
The searches are being conducted as part of a tax evasion investigation.
The company's locations in Mumbai are currently being covered.
Metropolis Healthcare runs medical diagnostic centres and is a prominent player in the medical tests and diagnostics business.
For the second quarter ended September 30, the company reported a consolidated profit after tax of ₹40.5 crore and revenue from operations of ₹300.3 crore.