I-T searches at real estate firms in Hyderabad


by IANS | Tue, Feb 28, 2023, 02:12 PM

Hyderabad, Feb 28 (IANS) The Income Tax (I-T) Department on Tuesday conducted searches at the offices of various real estate firms in Hyderabad for alleged tax evasion.

About 20 teams of I-T officials were conducting the simultaneous searches at the offices of Wonder City, Royal City and other companies.

The officials were also checking records of various transactions at the office of Googee real estate firm in Dilsukhnagar.

Sources said the searches were part of the Department's continued investigations into complaints of tax evasion against real estate companies.

Several such searches were conducted in the city in recent weeks.

Latest News
IPL 2023: If you talk about an impact player, Hardik is the ideal impact player, says Zaheer Khan Fri, Mar 31, 2023, 02:58 PM
Mediterranean diet can reduce death from heart attack in high risk patients Fri, Mar 31, 2023, 02:50 PM
Palestinians mark 47th anniversary of Land Day amid calls to end Israeli occupation Fri, Mar 31, 2023, 02:47 PM
3K schools in Assam run by single teacher, lack basic facilities: Minister Fri, Mar 31, 2023, 02:46 PM
Syrian air defences shoot down Israeli missiles over Damascus Fri, Mar 31, 2023, 02:38 PM