« Top Headlines » Open DEMAT Account in 24 hrs  No more tax filing hassles with digital Form 16 Know how it works «  Perks lose their charm as taxing times come calling... Nod for signing taxation pact with Tajikistan... » I-T searches in seven places in Mumbai March, 14th 2008 The income tax authorities on Thursday conducted raids at seven places in the city, a senoir official said. The searches include the residence of big-time diamond merchant Bharat Shah, he said, without divulging any further details. The searches were still progressing, he added.