{"id":509903,"date":"2022-07-29T09:58:37","date_gmt":"2022-07-29T04:28:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509903"},"modified":"2022-07-29T10:56:25","modified_gmt":"2022-07-29T05:26:25","slug":"it-dept-finds-rs-150-crore-black-income-after-raids-on-2-tamil-nadu-groups","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/it-dept-finds-rs-150-crore-black-income-after-raids-on-2-tamil-nadu-groups\/","title":{"rendered":"IT dept finds Rs 150 crore black income after raids on 2 Tamil Nadu groups"},"content":{"rendered":"<p>The Income Tax Department has detected \u201cunaccounted\u201d income of Rs 150 crore after it recently raided two Tamil Nadu-based business groups engaged in real estate and the other undertaking rail and road construction contracts, the CBDT said on Thursday.<\/p>\n<p>More than Rs 14 crore unaccounted cash, and gold and jewellery worth over Rs 10 crore was seized after the department searched 30 premises of the two groups, which have not been identified, in Madurai and Chennai on July 20. <\/p>\n<p>\u201cIn the case of the group involved in real estate business, these (seized) evidences have revealed that the group has indulged in large-scale tax evasion by accepting huge unaccounted cash by way of on-money (cash).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Income Tax Department has detected \u201cunaccounted\u201d income of Rs 150 crore after it recently raided two Tamil Nadu-based business groups engaged in real estate and the other undertaking rail and road construction contracts, the CBDT said on Thursday. More than Rs 14 crore unaccounted cash, and gold and jewellery worth over Rs 10 crore was seized after the department searched 30 premises of the two groups, which have not been identified, in Madurai and Chennai on July 20. \u201cIn the case of the group involved in real estate business, these (seized) evidences have revealed that the group has indulged [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-509903","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509903"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509903\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}