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IT searches in 500 locations across the country
February, 23rd 2007

The Income Tax department on Thursday conducted raids at 500 locations in the country, including 40 in Mumbai, with the targets being doctors, laywers, builders and other professionals for possible income tax evasion.
The department confirmed that searches were on but would not give details.
"The Income Tax department today conducted raids on several professionals and service providers here," senior officials said.

"The raids were still on and further details are awaited," they said.

The raids, which began this morning, were carried out on builders, doctors, interior designers, advertisement agencies among others, DG (Investigation) S S N Moorthy said.

 
 
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