{"id":122448,"date":"2021-12-06T18:22:19","date_gmt":"2021-12-06T12:52:19","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=122448"},"modified":"2021-12-06T18:22:19","modified_gmt":"2021-12-06T12:52:19","slug":"income-tax-department-conducts-search-operations-in-west-bengal","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/hi\/income-tax-department-conducts-search-operations-in-west-bengal\/","title":{"rendered":"Income Tax Department conducts search operations in West Bengal"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-hi\">\u0915\u094d\u0937\u092e\u093e \u0915\u0930\u0947\u0902, \u092f\u0939 \u0938\u092e\u093e\u091a\u093e\u0930 \u0906\u092a\u0915\u0947 \u0905\u0928\u0941\u0930\u094b\u0927 \u0915\u0940 \u092d\u093e\u0937\u093e \u092e\u0947\u0902 \u0909\u092a\u0932\u092c\u094d\u0927 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0915\u0943\u092a\u092f\u093e \u092f\u0939\u093e\u0901 \u0926\u0947\u0916\u0947\u0902\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<h2><strong style=\"color: #444444;font-size: 16px\">Delhi 06 DEC 2021<\/strong><span style=\"color: #444444;font-size: 16px\">\u00a0\u00a0<\/span><\/h2>\n<\/div>\n<p>The Income Tax Department initiated a search and seizure operation on a prominent Kolkata-based Group, engaged in manufacturing of TMT Bars and structural construction materials etc. on\u00a0<strong>01.12.2021<\/strong>. \u00a0The search action covered more than\u00a0<strong>20 premises<\/strong>\u00a0spread over West Bengal and Odisha.<\/p>\n<h6 class=\"entry-title\"><span style=\"color: #0000ff\"><a style=\"color: #0000ff\" href=\"https:\/\/newsmakhani.com\/income-tax-department-conducts-search-operations-in-delhi\/\" rel=\"bookmark\">READ MORE :-Income Tax Department conducts search operations in Delhi<\/a><\/span><\/h6>\n<p>The action unearthed various methods of tax evasion adopted by the group. A large number of incriminating evidences in the form of documents and digital data demonstrating high value unaccounted cash payments, unaccounted cash purchase and sales, suppression of production, etc. have been found and seized. A preliminary analysis of these evidences reveals that many paper\/shell companies are run by the group to provide accommodation entries to its flagship concerns. These shell entities were found to have routed back their unaccounted money in the guise of share capital\/unsecured loan into books of account. Such modus operandi has been admitted by one of the key persons of the group.<\/p>\n<p>The search action has resulted in seizure of unaccounted cash of\u00a0<strong>Rs. 75 lakh<\/strong>\u00a0and jewellery valued at\u00a0<strong>Rs. 2.26 crore\u00a0<\/strong>while certain<strong>\u00a0<\/strong>bank lockers have been placed under restraint. The search action, so far, has led to the detection of total unaccounted income of around\u00a0<strong>Rs. 100 crore<\/strong>.<\/p>\n<p>Further investigations are under progress.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0915\u094d\u0937\u092e\u093e \u0915\u0930\u0947\u0902, \u092f\u0939 \u0938\u092e\u093e\u091a\u093e\u0930 \u0906\u092a\u0915\u0947 \u0905\u0928\u0941\u0930\u094b\u0927 \u0915\u0940 \u092d\u093e\u0937\u093e \u092e\u0947\u0902 \u0909\u092a\u0932\u092c\u094d\u0927 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u0915\u0943\u092a\u092f\u093e \u092f\u0939\u093e\u0901 \u0926\u0947\u0916\u0947\u0902\u0964 Delhi 06 DEC 2021\u00a0\u00a0 The Income Tax Department initiated a search and seizure operation on a prominent Kolkata-based Group, engaged in manufacturing of TMT Bars and structural construction materials etc. on\u00a001.12.2021. \u00a0The search action covered more than\u00a020 premises\u00a0spread over West [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":122451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[67620,67616,56731,14587,67615,67618,60914,67617,67619,12101],"class_list":{"0":"post-122448","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"category-news","9":"tag-digital-data","10":"tag-kolkata-based-group","11":"tag-news-makhani","12":"tag-odisha","13":"tag-seizure-operation","14":"tag-structural-construction-materials","15":"tag-the-income-tax-department","16":"tag-tmt-bars","17":"tag-unaccounted-cash-payments","18":"tag-west-bengal"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/posts\/122448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/comments?post=122448"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/posts\/122448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/media\/122451"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/media?parent=122448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/categories?post=122448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/hi\/wp-json\/wp\/v2\/tags?post=122448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}