Income Tax department raid multiple premises linked to Omaxe in NCR over tax evasion charges

Income Tax department raid multiple premises linked to Omaxe in NCR over tax evasion charges

Omaxe is one of the leading real estate developers of Delhi-NCR. It also has significant presence in similar product projects of Punjab, Haryana and Uttar Pradesh.

PTIUpdated: Monday, March 14, 2022, 03:23 PM IST
article-image
Income Tax department Delhi | Photo: Representative Image

The Income Tax department on Monday conducted searches at multiple premises linked to real estate group Omaxe in the national capital region and few other cities on charges of tax evasion, officials said.

At least 30 locations in Delhi-NCR and few others in Uttar Pradesh and Punjab are being covered where the tax department officers are looking at company documents and financial transactions primarily related to their real estate business, they said.

The group could not be reached for comments immediately.

Omaxe is one of the leading real estate developers of Delhi-NCR. It also has significant presence in similar product projects of Punjab, Haryana and Uttar Pradesh.

RECENT STORIES

Andhra Pradesh Accident Video: Speeding Car Rams Into Tanker Lorry On Chilakaluripet Bypass In...

Andhra Pradesh Accident Video: Speeding Car Rams Into Tanker Lorry On Chilakaluripet Bypass In...

Kerala Lottery Result: December 5, 2025 - Suvarna Keralam SK 30 Live! Friday's Draw Reveals Winners...

Kerala Lottery Result: December 5, 2025 - Suvarna Keralam SK 30 Live! Friday's Draw Reveals Winners...

IndiGo Crisis: Airline Issues Apology, Ensures Refund On All Cancellations Between Dec 5 to 15,...

IndiGo Crisis: Airline Issues Apology, Ensures Refund On All Cancellations Between Dec 5 to 15,...

Karnataka Govt Plans New Laws Making Hate Speech, Social Boycott Punishable With Jail Terms

Karnataka Govt Plans New Laws Making Hate Speech, Social Boycott Punishable With Jail Terms

'Thankful For His Friendship With India': PM Modi-Putin Deliver Joint Press Briefing At Hyderabad...

'Thankful For His Friendship With India': PM Modi-Putin Deliver Joint Press Briefing At Hyderabad...