« Top Headlines » Open DEMAT Account in 24 hrs  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  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) «  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.