Monday, December 2, 2019

I-T raids NCR-based firm, unearths Rs 3,000 crore undisclosed income

An undisclosed income of over Rs 3,000 crore has been "admitted" by a NCR-based real estate group after the Income Tax department raided it recently, the CBDT said in a statement on Monday. Though the Central Board of Direct Taxes did not identify the firm, officials sources claimed it to be the Oriental India Group.

source https://timesofindia.indiatimes.com/india/ncr-based-real-estate-group-admits-to-rs-3000-crore-black-money-after-i-t-raids/articleshow/72335966.cms

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