Ahmedabad: The Income Tax investigation into the Desai brothers, the alleged infamous moneylenders of the city, entered its third day on Friday. It has been learned that alleged benami transactions of over Rs. 500 crores have been found by the IT department. A considerable amount of digital data, now under examination, has also been confiscated. Income Tax officials conducted searches on Wednesday morning at 20 locations, including a Riverview hotel on Ashram Road and Gopal bungalow. The Inco...Read More

Ahmedabad: The Income Tax department is carrying out extensive searches on the premises linked to prominent dairy and hotel groups today in the city. The searches targeted the Gopal Dairy and Riverview Hotel groups, both owned and managed by Nishit Desai, Gaurang Desai, and their associates. The Income Tax department suspected large-scale irregularities, particularly involving benami transactions, which prompted this operation. The searches are being carried out at the residential and office ...Read More

Rajkot: The Income Tax department teams carried out search operation at premises of Rajkot based top builders Vinesh Patel and Dilip Ladani. Around 150 strong teams of Income Tax department reached various premises linked to Orbit Group's Vinesh Patel and Ladani Associate's Dilip Ladani. The premises of financers and partners linked to these two groups were also covered in this search operation across 15 locations. Among the locations and persons to which the teams reached for survey are Orbit t...Read More

Gandhinagar: The Income Tax Department is conducting search operations in the state capital, targeting builder groups in the city. The searches are being carried out at premises associated with real estate developers, PSY Group. The mega operation is ongoing at around 27 locations. Managing Director and Founder Nilay Desai, Director Bankim Joshi, and other top management of the PSY Group are currently under investigation. The ongoing probe spans various locations, including in Sector 8, Secto...Read More

Vadodara: The Income Tax Department is conducting searches at premises linked to Yatin Gupte, CMD, and founder of Wardwizard Innovations & Mobility Limited today. The IT department, along with local police, is conducting searches at Gupte's residence, the e-bike production unit in Makarpura GIDC, and the hospital linked with Gupte in the Vadsar and Harinagar area of the city. It is noteworthy that Gupte is one of the richest businessmen in Vadodara. It is learned that the Income Tax De...Read More

Anand: The Income Tax Department today is carrying out several search operations at multiple locations in the state. The IT Department is conducting search operations at 25 premises in Anand, Kheda, and Nadiad. These premises are linked with two groups, namely the Asian Group of Nadiad and the Narayan Group of Anand. The Asian Group is in the business of spices, and the Narayan Group is in the real estate business. It is anticipated that a significant amount of benami wealth may be uncovered ...Read More

Surat: The Dream Distribution Income (DDI) wing of the Income Tax conducted search operations today at builder groups in the city, including the premises of builder Sanjay Surana. Apart from the Surana Group, officials from the DDI Wing have taken action against yarn traders on Ring Road and groups related to the land business. Search operations have been ongoing at more than a dozen locations, including the offices and homes of four businessmen. The wing came into action mode after receiv...Read More

Ahmedabad: Income Tax department started conducting searches early in the morning today at RR Kabel, RR Global company's about 40 premises across Ahmedabad, Vadodara, Surat, Silvasa, Mumbai and other locations including the ones belonging to group captain Ramesh kabra. RR Kabel's main office is located on Alembic road in Vadodara, while the factory is located in Waghodia area of Vaddodara. The main search operation therefore is going on in Vadodara. Searches are likely to continue for several da...Read More

Ahmedabad: The Income Tax Department has conducted searches at several premises of the famous Ambika Firecrackers shop here in the city. The IT Department has been conducting a search operation since late at night at two branches of Ambika in Raipur. Shivaranjani crossroads and the SG Highway branch have also been subjected to raids, with expectations of uncovering a significant number of benami transactions. The IT investigation at Ambika Fireworks Store has created a ripple effect among other...Read More

Gandhinagar: The Income Tax department's pre-Diwali searches at the premises of directors of Shukra Pharma have caught the attention of many as one of the directors of this company is a granddaughter of former Chief Minister Anandiben Patel who is presently the Governor of Uttar Pradesh. Sanskruti Jayeshbhai Patel is the daughter of Jayeshbhai and Anarben Patel. Anarben Patel is the daughter of Anandiben Patel. Sanskruti Patel is one of the directors of Shukra Pharma. As the Income Tax depart...Read More