Income Tax dept raids Mumbai-based logistics firm Gateway Distriparks

Income Tax dept raids Mumbai-based logistics firm Gateway Distriparks

The raids on Sunday November 27, came after another survey on Thursday November 24.

FPJ Web DeskUpdated: Monday, November 28, 2022, 03:34 PM IST
article-image
Income tax department | File

Offices of Mumbai-based logistics firm Gateway Distriparks were raided by the Income Tax department on Sunday evening. The authorities received cooperation and the required documents from the staff present at the company's offices. The survey didn't cause disruptions for the firm's day to day operations.

Founded in 1994, Gateway Distriparks had relisted on Indian stock exchanges as a merged entity this year, after the amalgamation of Gateway Rail Freight and Gateway East India into Gateway Distriparks. Further details about the Income raids conducted on Sunday, November 27 and before that on Thursday, November 24, are yet to emerge.

RECENT STORIES

Maruti, Tata, Hyundai And Luxury Carmakers Announce Major Price Cuts Ahead Of Navaratri GST Benefit

Maruti, Tata, Hyundai And Luxury Carmakers Announce Major Price Cuts Ahead Of Navaratri GST Benefit

TV Makers Slash Prices By Up To ₹85,000 Ahead Of Navaratri To Pass GST Cut Benefits To Consumers

TV Makers Slash Prices By Up To ₹85,000 Ahead Of Navaratri To Pass GST Cut Benefits To Consumers

NTPC Eyes Overseas Uranium Assets To Fuel Nuclear Projects As It Diversifies Into Clean Energy

NTPC Eyes Overseas Uranium Assets To Fuel Nuclear Projects As It Diversifies Into Clean Energy

Foreign Investors Pull Out ₹7,945 Crore From Indian Equities In September Amid Global...

Foreign Investors Pull Out ₹7,945 Crore From Indian Equities In September Amid Global...

New GST Rates: Soft Drinks, Cigarettes & More Becoming Expensive From Sept 22 At 40% Slab- Full List...

New GST Rates: Soft Drinks, Cigarettes & More Becoming Expensive From Sept 22 At 40% Slab- Full List...