I-T raid News
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I-T Department conducted mammoth raid on two Mumbai-based real estate groups
The agency unearthed unaccounted income to the tune of Rs 184 crore
The Income Tax department carried out raids at 37 residential and commercial premises, in Mumbai and Gujarat`s Surat, of civil contractors of the Brihanmumbai Municipal Corporation (BMC) who were allegedly involved in corrupt practices, officials said on Thursday.
I-T department and the Election Commission squads have been conducting a series of pre-poll in Karnataka.
Notices in this connection have been served to the traders, he said.
The average wholesale onion prices on Thursday came down to Rs 900 per quintal at Lasalgaon as against Rs 1,400 per quintal.
Weeks after the Narendra Modi government banned use of old Rs 500 and Rs 1,000 notes, the Income Tax department has detected over Rs 3,300 crore of un-disclosed income while Rs 92 crore worth new notes have been seized it till now.
The unaccounted cash and gold were seized from a 'secret bathroom chamber' of a hawala dealer in Karnataka.
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