Nepal-linked transactions under IT probe in Gkp div raids
GORAKHPUR, Dec. 21 -- The income tax department's extensive search operation in Gorakhpur and nearby districts has uncovered alleged large-scale trading activities linked to Nepal, officials said here on Saturday. The ongoing action, covering Gorakhpur, Kushinagar, Deoria, and Maharajganj, targets suspected tax evasion and financial irregularities.
Investigators reportedly found documents at the residence and office of a prominent edible oil businessman in Gorakhpur's Golghar showing extensive cross-border dealings. Officials said the papers indicate real estate transactions involving automobile, liquor, and solvent business entities, raising questions about unreported income and tax obligations.The department also carried out searches at an automobile showroom on Medical Road, a liquor warehouse in Suba Bazaar, and other business and residential premises. Searches at most locations are complete, except sites in Golghar, Bargadwa, and the Gorakhpur Industrial Development Authority (GIDA) area, with inspections expected to finish this week.An IT official, speaking on condition of anonymity, said, "The operation was planned after preliminary intelligence suggested significant mismatches in declared income and financial documentation."
Officials described the operation as one of the largest coordinated IT actions in the Gorakhpur region this year and said it is nearing its final stages.
Further developments are expected to be announced once the investigation is fully concluded.htc...
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