Balaji Telefilms did not disclose Rs 30-cr income: I-T

Three days after conducting searches at Balaji Telefilms` facilities and also at the houses of its promoters here, the Income Tax department today said the film production house had not disclosed Rs 30 crore income it had earned, and thus evaded tax.

IT raids vault-owners; hawala transactions under scanner

Raids are being conducted by Income Tax Department at the offices of the operators who offer safe-vault services to small-time gold traders at Mumbai`s Jhaveri Bazar to unearth `hawala` transactions.

IT raid at premise of builder, mining contractor

Income Tax authorities conducted raids at the premises of a leading builder, a mining contractor and others at various places in Madhya Pradesh.

Ponty Chada’s `undisclosed` income - Rs 175 cr

Three months after the Income Tax department conducted searches on his businesses, liquor baron Ponty Chadha is said to have reported Rs 175 crore of `undisclosed` income to the department.

Nobody knew of Balaji Group until raid: Hindustan Times

Few in the bustling lanes of Zaveri Bazaar knew of the Balaji Group until Saturday when the income tax (I-T) department raided it.