Indian Income Tax Department raided Madhav Group of Industries in Ahmedabad and Vadodara on May 18, targeting real estate and government projects.
The Indian Income Tax Department raided Madhav Group of Industries in Ahmedabad and Vadodara on May 18, targeting their real estate and government infrastructure projects. Over 50 income tax officials participated in the operation, scrutinizing transactions to potentially classify them as benami. The group has a presence in various sectors across multiple states and was established in 2010.
May 18, 2024
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