The Income Tax Department has conducted searches on November 27 for an IT SEZ developer, its former director and a prominent stainless steel supplier in Chennai. The search operation was carried out at 16 locations located in Chennai, Mumbai, Hyderabad and Cuddalore. Evidence unearthed includes unaccounted for assets worth ₹100 …
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If you have filed your income tax return (ITR) for the 2020-21 appraisal year (AY) and have not received a refund so far, you are not alone. A technical update for faster ITR processing could be the reason for the delay. Many taxpayers, even those who filed their taxes in …
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The income tax department has searched five locations in Chennai and Madurai for a Chennai-based group operating in the IT infrastructure sector and has discovered unaccounted for cash of around ₹Rs 1 billion, according to a press release issued on Saturday. The search conducted on Nov. 6 led to the …
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