Surat: The Income Tax Department has launched an investigation into Jainam Share Consultants Pvt. Ltd., a firm involved in share trading. Officers from the Surat IT department, along with a special team from Amritsar, conducted searches at five locations in the city linked to the company. The probe comes after allegations that the company’s employees collected large sums of money from investors under the guise of lucrative share market schemes. Many investors reportedly did not receive the pr...Read More

Morbi: The mega search operation by the Income Tax Department on the Lavish and Metro Ceramic Group in Morbi entered its third day today. In the large-scale operation that began on Tuesday, authorities have so far seized Rs 11 crore in unaccounted cash and Rs 5 crore in jewellery, while uncovering benami accounts worth over Rs 250 crore. According to reports, the scale of unaccounted wealth discovered is unprecedented in Gujarat’s ceramic industry, an IT official said. Led by the Joint Commi...Read More

Rajkot: The Income Tax Department today launched a massive search operation at nearly 40 locations linked to prominent businessmen, builders, and ceramic industry players in Morbi and Rajkot. This action, involving over 250 officials, comes just ahead of the Diwali season. It is learnt that the searches target premises linked to land trader Paresh Patel, builder Rajubhai (Face Group), and Jitubhai Rozwadia of Levis Ceramic Group, along with their associates. According to reports, the searches ...Read More

Ranchi: The investigation wing of the Jharkhand Income Tax Department has unearthed a massive tax evasion scam involving over ₹2,000 crore routed through political donations. More than 500 young IT professionals from Jharkhand and Bihar have been found guilty of using donations to Gujarat-based Aam Janmat Party as a means to evade taxes. According to officials, most of the professionals involved hail from Bihar’s Madhubani, Purnia, Supaul and Champaran districts, while many others are fro...Read More

Chennai: The Income Tax Department carried out searches at offices and premises linked to Tamil Nadu-based Archean Chemical Industries Limited on Thursday. More than 25 locations, including sites in Chennai, its suburbs, and Gujarat, were raided simultaneously. Security arrangements with armed police personnel were also deployed during the operation. According to sources, the searches covered several key locations in Chennai, including the company’s headquarters on North Crescent Road, Umapat...Read More

Rajkot: Intelligence & Criminal Investigation wing of the Income Tax Department has carried out searches at the office of the Sub-Registrar, Zone 5, in Rajkot. It is learnt that after the probe at the Sub-Registrar office, the IT department might launch an operation against builders across the district. According to reports, irregularities have been found during the inspection of documents from the past five years. These irregularities include PAN card mismatches, fake PAN numbers, and wron...Read More

New Delhi: In one of the largest nationwide crackdowns, the Income Tax Department on Monday initiated searches at nearly 200 locations across the country against over 100 individuals who allegedly channeled undisclosed income back into the system through fraudulent tax claims and political donations. The search operations, launched in Maharashtra, Tamil Nadu, Delhi, Gujarat, Punjab, and Madhya Pradesh, exposed widespread abuse by various groups involved in fraudulent filings. The Central Board ...Read More

Ahmedabad: The Income Tax Department has conducted extensive raids across Bhavnagar, Nadiad, and Ahmedabad, targeting individuals involved in the tobacco and snuff trade, as well as real estate developers. The raids, focusing on the business and residential premises of Ranchhod Das Jinabhai Dholakia and several builders, have revealed a staggering ₹170 crore in undisclosed transactions. Details of the Raids: Locations: 35 locations were searched, including residences, offices, and busi...Read More

Jamnagar: The Income Tax Department is carrying out searches at several locations across Gujarat at premises linked to salt manufacturer Dev Salt Private Limited. It is learned that searches are being conducted in Jamnagar, Morbi, and Ahmedabad at around 16 premises, including offices and factories associated with the Dev Group of Companies. The search operation began early this morning, with teams of IT officials from Rajkot and Ahmedabad launching investigations in Malia, Ahmedabad, Jamnaga...Read More

Ahmedabad: The Income Tax department carried out searches at around 15 locations in the city on Friday. The searches involved premises linked to Kamlesh Shah and his partners. The accused are under investigation for attempting to claim cash seized by the Income Tax department in multiple states. In the latest development, the search operation that entered its second day today has led the IT department to confiscate around ₹4 crore in cash from Kamlesh Shah's bungalow. Additionally, jewelry ...Read More