The Income Tax department conducted searches at 40 locations connected to MGM Group in Chennai, Tirunelveli and Karnataka for suspected tax evasion.
The company terms it a “routine inquiry”.
The university has already handed over constructed buildings, sprawling over 25,000 square feet on the campus, to the IT department for setting up the hub.
The department attributed the rise in e-Sevai transactions to improved services, availability of more government schemes on e-Sevai, and a shift towards digitisation during the pandemic.
All the talk about Ease of Doing Business has come to be seen as a farce as the government’s raid raj is rearing its head again.
The CBDT chief was asked about the steps being taken by the taxman to widen and deepen the tax base in the country given that the department recorded its highest-ever direct tax collections.
The group could not be reached for comments immediately. Omaxe is one of the leading real estate developers of Delhi-NCR.
"This includes 1.74 crore refunds of AY (assessment year) 2021-22 amounting to Rs 35,296.86 crore," it said.
I-T department detects benami assets, hawala transactions after raids on Sena Corporator, BMC contractors
Sources said the "prominent person" was Shiv Sena corporator Yashwant Jadhav, who is also the chairman of the BMC standing committee.
The refund includes personal income tax refunds of Rs 65,938 crore issued to over 2.07 crore individuals and corporate tax refunds of over Rs 1.17 lakh crore in 2.30 lakh cases.
Ramkrishna has been in the eye of a storm ever since Sebi on February 11 show-caused her and her former advisor for sharing sensitive information on the exchange with an unknown person.
Meet D Kumaresh, a government official, who loves blending arithmetic and creativity to create brain-teasing New Year calendars and greeting cards.
The searches were carried out at twenty-four premises in Kolkata, Assam, Meghalaya and Delhi on November 16.
These also include Rs 12,616.79 crore refunds to 65.31 lakh taxpayers for 2020-21 fiscal.
The searches, it said in a statement, were carried out on October 28. The group has been 'inflating' purchases of dry fruits exorbitantly over the years.