• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Thursday, October 5, 2023
  • Login
Metro City News
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Finance/Money
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Finance/Money
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
Metro City News
No Result
View All Result
Home Finance/Money

Income Tax Department conducts searches in Kolkata

Metro City News Desk by Metro City News Desk
January 1, 2021
in Finance/Money
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)

RelatedPosts

Leveraging Technology for Manufacturing & Pharma Industry Growth: The Vision of Subodh Bajpai, India’s Funding Guru

Leveraging Technology for Manufacturing & Pharma Industry Growth: The Vision of Subodh Bajpai, India’s Funding Guru

June 15, 2023
Univest collaborates with Pratik Gandhi to conquer retail investor challenges

Univest collaborates with Pratik Gandhi to conquer retail investor challenges

January 10, 2023
Tags: Income Tax DepartmentKolkata
ShareTweetShareSendSharePinSend
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

Metro City News Desk

Metro City News Desk

Related Posts

Leveraging Technology for Manufacturing & Pharma Industry Growth: The Vision of Subodh Bajpai, India’s Funding Guru
Finance/Money

Leveraging Technology for Manufacturing & Pharma Industry Growth: The Vision of Subodh Bajpai, India’s Funding Guru

by Metro City News Desk
June 15, 2023
Univest collaborates with Pratik Gandhi to conquer retail investor challenges
Finance/Money

Univest collaborates with Pratik Gandhi to conquer retail investor challenges

by Metro City News Desk
January 10, 2023
PayRup, India’s Fastest Payment app is launched
Finance/Money

PayRup, India’s Fastest Payment app is launched

by Metro City News Desk
January 9, 2023
How long does it take to get a Credit Card?
Finance/Money

How long does it take to get a Credit Card?

by Metro City News Desk
January 3, 2023
Drivio, a digital-first omnichannel two-wheeler financing platform in making, raises USD 1 million in seed funding
Finance/Money

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

by Metro City News Desk
January 2, 2023
Financial Planning Goes AI: Introducing WOW the Most Advanced Fintech in India for 2023
Business

Financial Planning Goes AI: Introducing WOW, the Most Advanced Fintech in India for 2023

by Metro City News Desk
December 29, 2022
Next Post

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

Shri Dharmendra Pradhan launches Missed Call Facility for LPG consumers

Leave a Reply Cancel reply

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

40th Indian scientific expedition to Antarctica launched

January 4, 2021

TTK Prestige’s new electric grill 4.0 offers convenience without compromising on health

July 14, 2021
The influential girl- Shradha Vyas

The influential girl- Shradha Vyas

August 24, 2022
Now Making Your Mark on the Internet has become affordable with Tech Iota

Now Making Your Mark on the Internet has become affordable with Tech Iota

July 11, 2023

New hope for mitochondrial disorders

March 31, 2021
MMR Realty LLP Showcases Unparalleled Real Estate Services in West Bengal

MMR Realty LLP Showcases Unparalleled Real Estate Services in West Bengal

July 5, 2023
Author Karanbir Singh launches his poetry book, ‘Silent Verses’

Author Karanbir Singh launches his poetry book, ‘Silent Verses’

July 27, 2023

Plan My Health & Educure delivering all kind of Digital preventive & Online wellness Services to Corporate, Schools & families

April 20, 2021

iKargos.com expands its service offerings with new acquisition

September 28, 2022

Motera Stadium is all equipped with new decorations and modern facilities for the third test match between India and England

February 23, 2021

Crafting Dreams into Reality with The New Brick Constructions – Your Trusted Partner

August 22, 2023

Nalanda Educational Institutions is in the Process of Shaping India’s Future by Enlightening the Path of its Students

October 23, 2020

Miami Seh New York becomes Bollywood’s first female road trip film produced by Raakesh U Saakat, bringing back the music from legendary Viju Shah

August 3, 2022

Effective ECCE cheaper than later remedial programs

June 13, 2022

Suraasa awards cash prizes worth Rs 11 lakhs to teachers

May 3, 2023

“Good marketing makes the company look smart. Great marketing makes the customer feel smart.”

January 30, 2023

Categories

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

Recent News

SheThePeople to host its 9th Digital Women Awards at T-Hub, Telangana

SheThePeople to host its 9th Digital Women Awards at T-Hub, Telangana

October 4, 2023
Embrace the Journey with Kingston Technology on World Tourism Day

Embrace the Journey with Kingston Technology on World Tourism Day

October 4, 2023
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 Metro City News

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

© 2022 Metro City News

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