« Top Headlines » Open DEMAT Account in 24 hrs  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  Income-Tax Department Moves to Bring Greater Certainty to International Tax Cases  ITR Defective Notice for AY 2026-27: Reasons, 15-Day Deadline and What Happens If You Ignore It  ITR Refund Status 2026: How to Track Your Income Tax Refund Online – Step-by-Step Guide  GST Council Explores Andhra Pradesh’s AI-Driven Tax Administration Model  ITR filing 2026: Who must file by August 31? Tax department explains  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose «  Letter of Raju (To Satyam Board, SEBI & SE)... Tax reforms necessary for JNNURM funds: Civic chief... » Rs 1.1 crore seized in IT raid January, 08th 2009 The income tax raid on former Chamarajpet MLA R V Devaraj and his associates on Tuesday yielded rich dividends, with the sleuths recovering Rs 1.1 crore cash. The officials also unearthed a huge haul of documents pertaining to undervalued properties. Department sources said apart from Devaraj's house and office, the raids targeted his associates -- Loki alias Lokesh, and his four brothers Pune, Prabhu and Govindappa. "It was a long pending case and the sleuths had kept them under surveillance,'' an official said. Though all of them filed income tax returns, valuation of properties they held was shown as being much lesser than market value . "The raided persons have given an undertaking to declare the true property value and pay tax,'' the official added.