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It was learnt that the raids were carried out following allegations of tax evasion by by the real estate group Vamsiram Builders and Developers the group in connection with its ventures spread across the city as well as alleged investments in the group from undisclosed sources.

I-T raids realtor Vamsiram Subba Reddy for evading tax

Hyderabad: The income-tax department conducted raids on the offices and properties owned by the real estate group...

7 Dec 2022 7:18 AM IST

The biggest challenge for Mr Mohapatra is to resolve the issues with the new income tax portal that has been facing continued glitches more than two months after it was launched with much fanfare. (Twitter)

Govt extends deadline for filing tax audit report till Oct 7

NEW DELHI: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days...

1 Oct 2022 4:52 PM IST

The residence and properties of Vijay Krishna Devula and Nagachandra Venkat Rayudu Gollapalli were also searched.

I-T raids at 110 sites of Oxfam, CPR offices

New Delhi: The Income-Tax (I-T) department on Wednesday conducted raids at the offices of leading think tank Centre for...

8 Sept 2022 2:00 AM IST

The income-tax department continued its searches in the Phoenix group offices for the second consecutive day on Wednesday. .(Photo: Representational)

On Day 2, I-T team finds data on Phoenix Group global transactions

A mandate has been given to the team to get to the bottom of financial transactions and take investigation to its...

25 Aug 2022 1:16 PM IST