Tax evasion: IT department searches Chennai-based firms in Hyderabad
1 year, 10 months ago

Tax evasion: IT department searches Chennai-based firms in Hyderabad

Deccan Chronicle  

Hyderabad: The income-tax department conducted searches at real estate firms and hospitality companies including two Chennai-based groups, Adityaram, which has a presence in the city, Andhra Pradesh and Tamil Nadu, and Ambalal Real Estate. The group companies include Adityaram Properties Ltd, Adityaram Studios Ltd, Adityaram Movies, Adityaram Housing Ltd, Adityaram Infrastructure Projects LLP, and Adityaram Convention and Resorts. The I-T officials questioned the accounts officers of Adityaram offices located in Hyderabad, Andhra Pradesh and Tami Nadu over I-T returns and source of income in investing in open plots. Similar raids also carried out on Ashok Hotels, Ambalal Real Estate and Radiance Realty in Karnataka and Tamil Nadu on alleged tax evasion.

History of this topic

IT officials raid realtors in TS, AP
1 year, 11 months ago
ED, I-T raid residence, agencies linked to Telangana minister Kamalakar
2 years, 1 month ago

Discover Related