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Income Tax Department Raids Ansal API: Uncovering Real Estate Scams and Tax Evasion

Real Estate

Income Tax Department Raids Ansal API: Uncovering Real Estate Scams and Tax Evasion

The Income Tax Department conducted a series of searches at five key locations of Ansal API in Lucknow, aiming to uncover potential real estate scams and tax evasion. This operation highlights the department's commitment to ensuring transparency and accountability in the real estate sector.

April 9, 2025
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New Income Tax Bill: Tax Authorities to Access Emails and Social Media

real estate news

New Income Tax Bill: Tax Authorities to Access Emails and Social Media

The Indian government has introduced a new Income Tax Bill that grants tax authorities the right to access taxpayers' emails and social media accounts. This move is aimed at curbing tax evasion and ensuring transparency in financial transactions.

March 5, 2025
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I-T Department Targets High Rollers with Luxury Lifestyles and Low Bank Statements

Real Estate Mumbai

I-T Department Targets High Rollers with Luxury Lifestyles and Low Bank Statements

The Income Tax (I-T) Department in Mumbai has launched a crackdown on individuals who flaunt lavish lifestyles while showing minimal bank transactions. This initiative aims to uncover potential tax evasion and ensure fair financial practices in the real e

March 1, 2025
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Enforcement Directorate Raids Bhutani Group: A Troubled Real Estate Giant

Real Estate

Enforcement Directorate Raids Bhutani Group: A Troubled Real Estate Giant

The Noida-based real estate developer, Bhutani Group, is facing fresh scrutiny as the Enforcement Directorate (ED) conducts search operations at its offices and those of its promoters. This marks another significant raid for the company, which has a histo

February 27, 2025
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Income Tax Department Conducts Raids on Prestige Group's Bengaluru Offices

real estate news

Income Tax Department Conducts Raids on Prestige Group's Bengaluru Offices

The Income Tax Department conducted multiple raids on the offices of leading real estate developer Prestige Group over alleged tax evasion, adding financial pressure on the company.

February 26, 2025
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Prestige Group Faces Raid: I-T Officials Probe Alleged Tax Evasion

real estate news

Prestige Group Faces Raid: I-T Officials Probe Alleged Tax Evasion

Income Tax officials conducted raids at four locations of Prestige Group, a prominent Indian real estate developer, in connection with alleged tax evasion. The Group, known for its diverse real estate projects, is under scrutiny as 50 IT officials from De

February 25, 2025
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