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  • Polycab India tanks 22% as I-T dept finds 'unaccounted sales' of Rs 1,000 crore

    The income tax department searched Polycab's premises on January 10. The officials raided 50 premises of the company in Mumbai, Pune, Aurangabad and Nashik in Maharashtra, Daman, Halol in Gujarat and Delhi

  • I-T officials raid two real estate groups in Bengaluru and Hyderabad

    The search action covered more than 40 premises located in Bengaluru, Hyderabad and Chennai, the I-T department said in a statement, without naming the firms.

  • I-T department raids residence of close aides of Samajwadi Party chief Akhilesh Yadav

    The raid has been going on since 7 am at the residence of Rai at Sahadatpura of Mau district

  • I-T department claims Rs 1,000-crore undisclosed income after raids on TN jewellery, bullion group

    The I-T raids were carried out on March 4 at 27 premises in Chennai, Mumbai, Coimbatore, Madurai, Tiruchirappalli, Thrissur, Nellore, Jaipur, and Indore.

  • I-T Department conducts 100 searches across 4 metros

    The taxman’s investigation spans over 100 shell companies and citizens who failed to disclose unaccounted income under the disclosure scheme, sources told CNBC-TV18.

  • Dispute over Rs 15-20 cr expenses: IRB Infra on I-T raid

    Speaking to CNBC-TV18 in an exclusive, the management of the company says that the I-T raid was only a routine search operation on the company’s premises. “However, some small cost implications do exist as a result of the raid,” says VD Mhaiskar, chairman and managing director, IRB Infrastructure.

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