Real Estate
Solapur Lawyer Arrested for ₹100 Crore Fake GST ITC and Shell Companies Scam
The Directorate General of GST Intelligence (DGGI) has arrested a practicing lawyer, Sajid Ahmed Sheikh, in Solapur for orchestrating a ₹100 crore fake GST invoice scam. The investigation has uncovered a network of 30 shell companies and is expanding to include more suspects.
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.
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.
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
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
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.