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

VIDEO: ‘China Has Long Played By Its Own Rules And Is Doing So Even More Now,’ Says EAM S...

VIDEO: ‘China Has Long Played By Its Own Rules And Is Doing So Even More Now,’ Says EAM S...

Karnataka CM Siddaramaiah, Dy CM DK Shivakumar Display United Front After Breakfast Drama; Check...

Karnataka CM Siddaramaiah, Dy CM DK Shivakumar Display United Front After Breakfast Drama; Check...

Delhi Blast Case: Digital Forensic Probe Reveals Suspicious WhatsApp Chats Of Arrested Doctor

Delhi Blast Case: Digital Forensic Probe Reveals Suspicious WhatsApp Chats Of Arrested Doctor

Rajasthan Govt Adds New Norms To Check Eligibility Of National Food Security Act Beneficiaries

Rajasthan Govt Adds New Norms To Check Eligibility Of National Food Security Act Beneficiaries

Air Pollution: From Delhi To Mumbai, No Major Indian City Breathes Safe Air, Reveals Decade-Long AQI...

Air Pollution: From Delhi To Mumbai, No Major Indian City Breathes Safe Air, Reveals Decade-Long AQI...