Business Standard

I-T raids unearth tax evasion of crores

Image

Press Trust of India Muzaffarnagar
The income tax department raided 10 hosiery establishments here and found that they were evading taxes worth crores of rupees, a senior official said today.

The I-T department yesterday conducted raids at the hosiery establishments in the Muzaffarnagar district.

Their account papers were seized after the department found that they were evading tax worth crores of rupees, according to Income Tax Commissioner S Suman.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 20 2014 | 1:31 PM IST

Explore News