Tax Evasion

Major Seizure of Silver at Rajkot Airport

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Major Seizure of Silver at Rajkot Airport

Ahmedabad, May 18: In a significant operation based on intelligence inputs, authorities seized approximately 180 kilograms of silver at Rajkot Airport on Sunday, valued at around ₹5 crore. The Gujarat Anti-Terrorist Squad (ATS) received specific intelligence indicating that a large consignment of silver was to be delivered to an individual in Rajkot. Following this information, … Read more

Income Tax Department Launches Nationwide Restaurant Inspection Campaign

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Income Tax Department Launches Nationwide Restaurant Inspection Campaign

Mumbai, March 9: The Income Tax Department has initiated a special campaign across the country to inspect restaurants suspected of underreporting sales. On March 8, surveys were conducted at 62 restaurants located in 46 cities across 22 states, revealing an initial case of approximately ₹408 crores in concealed sales. The department began investigating tax evasion … Read more