Tag: #IllegalTransactions

Hyderabad: ED Conducts Raids on Realty Firms in Money Laundering Case

December 22, 2024

HYDERABAD: The Enforcement Directorate (ED) Hyderabad zonal office conducted raids on Thursday under the Prevention of Money Laundering Act at two locations linked to realty firms and their promoters. The operation resulted in the seizure of jewelry and bullion worth ₹5.4 crore and unaccounted cash amounting to ₹72.7 lakh, bringing the total seizure to approximately […]

Hyderabad: ED Conducts Raids on Realty Firms in Money Laundering Casemore
Income Tax Department

The income tax division searches five builders and discovers “Rs 400 crore tax evasion.”

September 21, 2023

GURUGRAM: Five real estate developers, some of whom run hotel chains and schools in the city, are accused of evading taxes by $400 million, according to 200 I.T. officers who have been conducting raids at 28 locations over the past five days. The raids started at 5 a.m. on September 14 and are still going […]

The income tax division searches five builders and discovers “Rs 400 crore tax evasion.”more