• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Wednesday, July 9, 2025
  • 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

Prime Investment Services: Setting New Standards in Financial Services Through Technology and Excellence

Prime Investment Services: Setting New Standards in Financial Services Through Technology and Excellence

June 18, 2025
KGIL Fintech Solutions Pvt. Ltd. Launches SwipeLoan Making Digital Lending Easy Accessible For All

KGIL Fintech Solutions Pvt. Ltd. Launches SwipeLoan Making Digital Lending Easy Accessible For All

January 31, 2025
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

Prime Investment Services: Setting New Standards in Financial Services Through Technology and Excellence
Finance/Money

Prime Investment Services: Setting New Standards in Financial Services Through Technology and Excellence

by Metro City News Desk
June 18, 2025
KGIL Fintech Solutions Pvt. Ltd. Launches SwipeLoan Making Digital Lending Easy Accessible For All
Finance/Money

KGIL Fintech Solutions Pvt. Ltd. Launches SwipeLoan Making Digital Lending Easy Accessible For All

by Metro City News Desk
January 31, 2025
Maverickk –The All-in-One, Tech-Powered Platform for Financial Empowerment
Finance/Money

Maverickk –The All-in-One, Tech-Powered Platform for Financial Empowerment

by Metro City News Desk
November 11, 2024
SMEST Capital Welcomes Accomplished Leader as the General Manager
Finance/Money

SMEST Capital Welcomes Accomplished Leader as the General Manager

by Metro City News Desk
January 30, 2024
Fueling the Dreams of India’s MSMEs: RupeeBoss MSME Loans
Finance/Money

Fueling the Dreams of India’s MSMEs: RupeeBoss MSME Loans

by Metro City News Desk
October 23, 2023
Payment Aggregator Paysharp Private Limited gets ISO 27001 certification
Finance/Money

Payment Aggregator Paysharp Private Limited gets ISO 27001 certification

by Metro City News Desk
October 9, 2023
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 *

Riverdale Aerovista launches “Home and Happiness” offer for Home-Seekers

May 28, 2021

“DBT-ILS excelled in S&T applications for improving tribal livelihood”

February 18, 2021
Ooka Audio Unveils a Breakthrough in Sound Technology with Wireless Ceiling Bluetooth Speakers

Ooka Audio Unveils a Breakthrough in Sound Technology with Wireless Ceiling Bluetooth Speakers

June 11, 2024
Fleet Track Telematics Solutions is Doing Wonders

Fleet Track Telematics Solutions is Doing Wonders, Read How?

January 4, 2022

Hindustan Zinc to set-up state-of-the-art Zinc Smelter Plant with zero liquid discharge in Gujarat

October 14, 2020
Introducing the Certified Brand Scientist Program by The Brand Scientist – Brand Research Council

Introducing the Certified Brand Scientist Program by The Brand Scientist – Brand Research Council

August 9, 2023
Sing Your Heart Out at Karaoke Nights with Persang Entertainment’s Octane-9 Trolley Speaker

Sing Your Heart Out at Karaoke Nights with Persang Entertainment’s Octane-9 Trolley Speaker

October 1, 2024

Take Your Interior Design Game To The Next Level With Evolve India’s Artisanal & Innovative Surface Design Products

December 9, 2022

Rex Rangrez’s maiden novel Between Them and Us is here! 

September 2, 2022

Kingston’s Deals on Amazon Prime Day and Independence Day Promotions: Enjoy up to 63% off on Memory and Storage Products

August 7, 2020

Shyaway launches ‘Just Go For It’ campaign encouraging women to pursue and say yes to their dreams!

August 5, 2022

Influencerquipo Presents Emerging Beauty Content Creator of the Year – Shilpi Banda, sets the way to Instagram Influencer!

August 2, 2021

Workshop to impart training on techniques for writing on science

March 16, 2021

Astrologer Ankit Sharma won Best Astrologer in India Title with National Glory Award presented by Glaze Media Private

November 8, 2022

Technology is revolutionizing the immersive experience of Gaming

December 20, 2022

Elegance in Every Stroke: Pawstro Debuts Personalized Horse Portraits for Proud Owners

September 24, 2024

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

Shaligram Infotech, A Trusted Microsoft Partner In India, Marks 10 Years With Rebranding And Expanded Global Focus

Shaligram Infotech, A Trusted Microsoft Partner In India, Marks 10 Years With Rebranding And Expanded Global Focus

July 9, 2025
VRA Health Bridges Healthcare Gaps: From COVID Crisis to Global Telemedicine Success

VRA Health Bridges Healthcare Gaps: From COVID Crisis to Global Telemedicine Success

July 7, 2025
  • 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