Take a fresh look at your lifestyle.

Hyderabad: I-T officials found documents related to fake claims during a search of Ramky Group

I-T authorities find incriminating documents relating to artificial claims during search operations on Ramky Group

During search operations by income tax authorities in the last two days on Hyderabad-based Ramky Group, incriminating documents relating to  artificial/incorrect claims were found.

According to a statement issued by the I-T department, the group, a diversified entity engaged in real estate, construction etc. did unaccounted cash transactions with its associates.

The search operation led to detection of artificial loss of approximately Rs 1,200 crore, which is to be taxed in the hands of the respective assessees the entities and associates admitted to having unaccounted income of Rs 300 crore and agreed to pay due taxes.

The Group is founded by Ayodhya Rami Reddy, YSRCP Rajya Sabha member.

Leave A Reply

Your email address will not be published.

If you're looking for a fun and exciting new casino destination, look no further than Pin Up Casino India! Our online casino https://pinupcasino-india.in offers players a wide range of games to choose from, as well as some great bonus offers. We know that Indian players are looking for the best online gaming experience, and we are committed to providing just that! So come join us at Pin Up Casino India today and see what all the fuss is about!