The Income Tax Department is conducting searches in four cities, including Delhi and Jaipur, in connection with a tax evasion case against a Rajasthan-based jewellery group. Our correspondent quoting official sources reports, the raids have been launched since early morning in Delhi, Jaipur, Mumbai and Kota.
Nearly 100 tax sleuths are part of the action. The department initiated action on the basis of inputs of huge cash transactions taking place and the business group’s alleged links to these transactions.
