Daily Archives: December 6, 2021

Ministry of Finance Income Tax Department conducts search operations in West Bengal Posted On: 06 DEC 2021 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 01.12.2021.  The search action covered more than 20 premises spread over West Bengal and… Read More »

Ministry of Finance Income Tax Department conducts search operations in Delhi Posted On: 06 DEC 2021 1 The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and an underlying company in low tax overseas jurisdiction. The residence and business premises of the assessee were covered in… Read More »