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Income tax raid in Surat

Q: Hi all, I heard that there was income tax raid in Surat. Do anyone know on whom did the IT officials conduct raid and other details..

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Hi Anish, the raid was conducted on few real estate developers and lawyers.. They found nearly 100 crore worth assets owned by some six developers. Previously also IT dept had raided few developers and found above 100 crore assets with them.. This is also one such issue. This shows how the builders are making profit by snatching from buyers..
Manohar


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