Income Tax dept. detects Rs. 1,300 cr. black income after raids on Karnataka realty sector

25 ViewsThe Income Tax department detected unaccounted income worth more than Rs 1,300 crore after it recently conducted searches against some individuals who had executed joint development agreements with some Karnataka-based real estate developers, the CBDT said on Thursday. The raids were conducted on October 20 and November 2 at about 50 premises in Bengaluru, […]

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