Unaccounted Income of Rs.3.83 Crore found in IT Raid

Unaccounted Income of Rs.3.83 Crore found in IT Raid

In the ongoing inspection of Jewelry shops and businesses, Income Tax officers have found number of irregularities at few jewelers of the city.

 

In the ongoing inspection of Jewelry shops and businesses, Income Tax officers have found number of irregularities at few jewelers of the city.

According to the sources, the Gold Jewelry showroom that was subjected to an Income Tax raid few days back, has reflected unaccounted income to the of Rs. 3.83 Crore apart from additional stock. No Bills or documentation related to the above unaccounted amount or stock was found by the officials.

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