Income Tax Department Is Looking At Ahmedabad Jewelers, Real Estate Agents

The Income Tax (IT) Department have attacked more than two of the city based on the jewelry out from Thursday to launch search operations in a real estate firm based in Kadi and residence of steel and a merchant of the city and Baroda.

Sources said Jayesh Steel Pvt Ltd, the CG Road, and the owner of the residence of Rajesh Shah Devansh Only bungalows in the region are watching. Our company deals with coils. The officials are also looking for a partner with local Akota Road, Baroda.

IT officials also reached based manufacturer Kadi identified as pet ownership infrastructure Mukesh Patel. The raids covered in the offices of housing programs, Kadi and Gandhinagar more. Sources said Rs 70 lakh in cash were seized during the raids.

Sources said a large number of incriminating documents were also recovered and investigations are ongoing. Results are expected before morning.

IT officials also interviewed two city-based jewelery chain identified KG Pvt Ltd is located in Manek Chowk and CG Road MS Jeweler. Officials refused to divulge any information related to your search results.

The tax officials also sought jewelers, traders, manufacturers and waste located in Ahmedabad and Anand on Wednesday. During the operation, two scrap dealers and jewelers admitted that the money is unaccounted RS4 crore. The research was carried out also in the CG Road, new cloth market Raikhad, Maninagar among others.

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