Home States Andhra/Telangana IT raids: Unaccounted income of more than 2,000 cr detected in AP...

IT raids: Unaccounted income of more than 2,000 cr detected in AP & TS

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(G.N.S) Dt. 15 Hyderabad In an official statement by Income Tax department, during raids they have unearthed a major cash generation racket through bogus sub-contractors, over-invoicing and bogus billing. Several incriminating documents and loose papers were found and seized during the search, apart from emails, WhatsApp messages and unexplained foreign

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