« Top Headlines » Open DEMAT Account in 24 hrs  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  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  Consolidation and growing big, a top hurdle for CAs... Government should reduce corporate tax... » I-T dept conducts raids in A`bad February, 11th 2008 The income tax sleuths carried out searches and surveys at 29 premises across Ahmedabad, Himmatnagar among other locations across the country last weekend.   One of the groups to come under the scanner was an Ahmedabad-based stock broking firm while the other is a leading tile manufacturer based at Himmatnagar and headquatered at Ahmedabad, sources in the Income Tax department said.   A cash seizure of Rs 25.70 lakh had been made from the broker as he admitted to an undisclosed income of Rs 3 crore so far. Sources said some lockers had also been seized. Over 160 officers carried out the search operations.   The sleuths also seized unaccounted sum of Rs 20.30 lakh from the office premises of the tiles manufacturer.   The officials had seized files, CD and other important documents which are being investigated. The total extent of the concealed income would be determined as the investigation progresses and the amount of tax evasion to be unearthed is expected to be very high, an official said.   The tiles manufacturing company had admitted to an undisclosed income of Rs 1.85 crore. Searches were also conducted at the premises of the director of the tile manufacturing company.   Meanwhile, the Rajkot income tax department officers also joined the raid exercise.