I-T Notice to Elegance Group

Published: 14th November 2015 05:51 AM  |   Last Updated: 14th November 2015 05:51 AM   |  A+A-

KOCHI: The Income Tax Department has decided to issue notice to the head of Elegance Group and his aide for recording their statement over alleged tax evasion.

The Income Tax Department has unearthed tax evasion of a total of `45 crore over the past seven years, during raids conducted at the hotels and business establishments under the Group.

Elegance Group chief Binoy Joseph and his aide will be questioned in connection with tax evasion detected for the 2008-2015 period. 


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp