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

Nagaland State Lottery Result: July 7, 2025, 7 PM Live - Watch Streaming Of Winners List Of Dear...

Nagaland State Lottery Result: July 7, 2025, 7 PM Live - Watch Streaming Of Winners List Of Dear...

Tamil Nadu Renames State-Run Student Hostels As 'Social Justice Hostels'

Tamil Nadu Renames State-Run Student Hostels As 'Social Justice Hostels'

'He Is Foolish..': BJP MP Nishikant Dubey Faces Opposition Backlash Over 'Patak Patak Ke Marenge'...

'He Is Foolish..': BJP MP Nishikant Dubey Faces Opposition Backlash Over 'Patak Patak Ke Marenge'...

'Will Build Separate Corridor For Kanwariyas If Voted To Power': Samajwadi Party Chief Akhilesh...

'Will Build Separate Corridor For Kanwariyas If Voted To Power': Samajwadi Party Chief Akhilesh...

Jammu & Kashmir News: NIA Gets 10-Day Remand Of 2 Accused In Pahalgam Terror Attack Case

Jammu & Kashmir News: NIA Gets 10-Day Remand Of 2 Accused In Pahalgam Terror Attack Case