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Special audit ordered on DLF accounts of FY'06

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Income Tax department has ordered a special audit of the accounts of India's biggest real estate firm DLF Ltd for allegedly trying to lower its tax liability by understating sales for 2005-06. "After noticing the books of accounts of the company there were a number of discrepancies and we could not ascertain the true income and profits of the company," said a senior tax official. #doc
Vinod Jain

on 03 February 2009

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