• Login
No Result
View All Result
Gujarat Journal
  • Home
  • Gujarat News
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
  • Home
  • Gujarat News
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
No Result
View All Result
Gujarat Journal
No Result
View All Result
Home Finance/Money

Income Tax Department conducts searches in Kolkata

by Gujarat Journal Team
January 1, 2021
in Finance/Money
Reading Time: 1 min read
A A
0
Share on FacebookShare on Twitter

Kolkata : The Income Tax Department carried out search and seizure action on two Kolkata-based Groups engaged in manufacturing & trading of Steel, trading of marbles & stones, food grains etc.

The search action has resulted in unearthing of incriminating evidences revealing various shell entities being used for raising bogus share capital/unsecured loans, discrepancies in stock and out of the books cash transactions. The Groups have accepted that they used paper/shell companies to route back their own unaccounted money. A total concealment of income amounting to Rs. 178 crore has been detected so far including excess stock of Rs. 38 crore.
The search action has resulted in seizure of unaccounted cash of Rs. 1 crore and jewellery worth Rs. 1.42 crore.
Further investigations are in progress.(PIB)

You May AlsoLike This

The Wealth Advisor is all set to open its first branch in Gujarat

The Wealth Advisor is all set to open its first branch in Gujarat

April 7, 2023
PayRup, India’s Fastest Payment app is launched

PayRup, India’s Fastest Payment app is launched

January 9, 2023

Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding

January 2, 2023

RBI’s PCA (Prompt Corrective Action) withdrawn from UCO Bank

December 15, 2021
Tags: Income Tax DepartmentKolkata
ShareTweetShareSendShareShareSendPin
Previous Post

Virtual Agri-hackathon Atmanirbhar Krishi inaugurated

Next Post

Indian Railway launches upgraded e-Ticketing Website & Mobile App for booking of online Railway Tickets

Related Posts

The Wealth Advisor is all set to open its first branch in Gujarat
Finance/Money

The Wealth Advisor is all set to open its first branch in Gujarat

April 7, 2023
PayRup, India’s Fastest Payment app is launched
Finance/Money

PayRup, India’s Fastest Payment app is launched

January 9, 2023
Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding
Business

Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding

January 2, 2023
Finance/Money

RBI’s PCA (Prompt Corrective Action) withdrawn from UCO Bank

December 15, 2021
Finance/Money

Ezeepay to Launch Doorstep Digital Services in Rural Area

June 17, 2021
Business

A Beacon Of Hope For Entrepreneurs via Taxation help: Neha Nagar, Leading Financial Content Creator

May 12, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Unprecedented 24 years of Annual Sikh Youth Symposium in Bakersfield, California

Unprecedented 24 years of Annual Sikh Youth Symposium in Bakersfield, California

2 days ago
GIIS Ahmedabad students achieve meritorious scores in CBSE 2022-23 exams

GIIS Ahmedabad students achieve meritorious scores in CBSE 2022-23 exams

2 days ago

Trending

SAKRA World Hospital launches the SAKRA Information Centre in Bardhaman, West Bengal

SAKRA World Hospital launches the SAKRA Information Centre in Bardhaman, West Bengal

3 weeks ago
Indian born bestselling author Luke Gracias launches third novel ‘Dogboy v Catfish’

Indian born bestselling author Luke Gracias launches third novel ‘Dogboy v Catfish’

5 days ago

Popular

Suraasa awards cash prizes worth Rs 11 lakhs to teachers

Suraasa awards cash prizes worth Rs 11 lakhs to teachers

4 weeks ago
SAKRA World Hospital launches the SAKRA Information Centre in Bardhaman, West Bengal

SAKRA World Hospital launches the SAKRA Information Centre in Bardhaman, West Bengal

3 weeks ago
Cuddle with Kulhad: The Inspiring Story of Chai Sutta Bar

Cuddle with Kulhad: The Inspiring Story of Chai Sutta Bar

2 months ago
Kingston Technology Ships 100 Million Overclockable Modules

Kingston Technology Ships 100 Million Overclockable Modules

3 weeks ago
EnableX wins the Gold in Software Reviews 2022 CPaaS Report

EnableX wins the Gold in Software Reviews 2022 CPaaS Report

1 year ago

Gujarat Journal, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

Category

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gujarat News
  • Health & Fitness
  • India
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • Uncategorized
  • World

Follow Us

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

Copyright © 2022 Gujarat Journal

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

Copyright © 2022 Gujarat Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In