Ahmedabad’s new generation honcho builders raided by IT dept

Ahmedabad’s new generation honcho builders raided by IT dept
Ahmedabad, 28 April, 2011


Ahmedabad's new generation honcho builders raided by IT dept


Ahmedabad’s top builders are raided by Income Tax department. Those groups under Income tax scanner are: Savvy Infrastructure(Jakshay Shah), Satva Bungalows(Jigish Shah, partner of Jakshay Shah), Samir Sinha(former IPS officer’s son and partner of Jakshay Shah), Sahaj(Bhavin Shah), Maruti Group(Ajay Shridhar), Siddhi developers(DipakPatel of Star Club-Arohi group, GAHED’s Secretary), Sky Elegance(Manubhai Zaveri, jeweler of C.G.road), Zaveri and company(Swagat, C.G.Road), Kanchanlal Zaveri(land dealer, Zaveri builders).

Income tax department conducted survey at 30 different places. The procedure of raids started at 3.00 pm. It should be mentioned here that CREDAI’s Gujarat chapter head Jakshay Shah is in Singapore with Gujarat’s 100 builders and developers to attend a conference.