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INCOME TAX DEPARTMENT CONDUCTS SURVEYS IN JHARKHAND AND KOLKATA, FOR VARIOUS BUSINESS GROUPS.

Income tax department of Friday carried out searches. the search was conducted for a group of business. where the gross income exceeded without any demands shown in the market.

the company is a marketing company. where products like Vanaspati ghee, tea estate, commodities are manufactured and exported.

various suspicious transections were noticed by the ITD during the survey.

one such company has shown an income of 7 crore whereby it is not productive since 2014, and this cash is deposited in kolkata banks.

there are many such business which are not legally showing their cash flow, thus whereby are now being highlighted as the ITD conducts surveys, in the state of Jharkhand and kolkata.

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