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Unaccounted cash, jewellery seized during search, seizure op in Maha, Gujarat
The income tax department stated that it has conducted searches and seizures at the premises of a well-known group engaged in chemical manufacturing and real estate development in Gujarat and Maharashtra.
The Ministry of Finance said in a statement: “The search operation seized about 2.5 million rupees in unaccounted cash and 1 million rupees in jewelry, and 16 bank lockers have been restricted.” “On the documents unearthed during the search/ A preliminary analysis of the evidence indicates that the estimated unaccounted income may exceed 1 billion rupees.” The statement added that the evidence was found in the form of documents, diaries and digital data. The group’s huge unrecorded income.
It stated that it had discovered and seized its investment in assets. “Evidence clearly shows that taxable income is avoided by various methods such as suppressing production, using false purchase invoices that do not actually deliver goods, using false goods and service tax credits, and asking for false commissions.” Last week Searches were conducted at 20 locations in Vapi and Sarigam (Gujarat), Silvassa and Mumbai.
The statement stated that further investigations are ongoing, but there is no further explanation.
News Source : Hindustan Times
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According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”
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The last generation of stars, known for their talent and demand, are now able to showcase their talents more through OTT. However, the author expresses a desire to involve themselves more with the real world, rather than being consumed by the arts, stating that they are not satisfied with the current status quo.
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