Income Tax Department conducts searches on 60 premises of four Asset Reconstruction Companies

Last updated: 16 December 2021

The Income Tax Department carried out search and seizure operations on 08.12.2021 on four Asset Reconstruction Companies (ARCs). Total of 60 premises spread over Mumbai, Ahmedabad, Delhi, etc. have been covered. The search action has revealed that the ARCs had adopted various unfair and fraudulen

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