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Over Rs 2,000 Crore Uncovered In Income Tax Raids In Andhra, Telangana

Over Rs 2,000 Crore Uncovered In Income Tax Raids In Andhra, Telangana

Friday, February 14, 2020, 11:58 AM

The Income Tax department has said searches conducted over the last week at premises belonging to three infrastructure firms based in Andhra Pradesh and Telangana have led to the detection of unaccounted income of more than Rs 2,000 crore. Search and seizure raids were carried out on February 6 at Hyderabad, Vijayawada, Cuddapah, Visakhapatnam, Delhi and Pune. More than 40 premises were covered.
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