Live
- BJP MP candidate Bharat Prasad visited the student who tried to commit suicide
- PM’s popularity in the fast lane: Autos with 'Har Dil Mein Modi' slogan spotted across Delhi
- Delhi-based political parties are like East India Company: Sukhbir Badal
- Golf: Diksha moves into Top-20 at South African Women’s Open
- KCR lashes out against BJP and Congress for destroying Telangana
- Dairy Science students visited the Milk cooling plant
- Moody feels Pant ahead in keepers’ race for T20 WC squad; Srikkanth picks Rahul over Samson as reserve keeper
- Thanking voters for extending 'unparalleled support' to NDA, PM Modi says second phase 'too good'
- Natural Relief for Menstrual Cramps: Beetroot Juice Recipe
- Asha Worker died in a road accident
1,200-cr SEZ unit of Gitanjali in Hyderabad attached
The Income Tax Department on Thursday said it has attached a Rs 1,200-crore worth property of the Gitanjali group, located in a SEZ in Hyderabad, in connection with its tax evasion probe.
New Delhi: The Income Tax Department on Thursday said it has attached a Rs 1,200-crore worth property of the Gitanjali group, located in a SEZ in Hyderabad, in connection with its tax evasion probe.
The officials said the property has been provisionally attached under the Income Tax law and the action was taken to "recover outstanding tax demands". They said the valuation of the property, in the SEZ at Rs 1,200 crore, has been done by the assessee and the department has put up a notice on the property.
The department, in the last few days, has similarly attached nine bank accounts and seven properties of the group and Choksi. The department had first raided billionaire diamond jeweller Nirav Modi in January last year on charges of alleged tax evasion.
