Air travelers and courier service companies under Income Tax

Air travelers and courier service companies under Income Tax department scanner

The air travellers and courier service companies are under the scanner of air intelligence unit (AIU) of the Income Tax (I-T) department, which is trying to get to the black money trail in India. The AIUs conducted a series of search operations at various airports across the country and have taken a large quantity of gold, diamond and large sum of cash in its possession in the last three months. The unit has detected tax evasion of Rs 33 crore. 

“We’ve found a tax evasion of Rs 33 crore, but due to the sensitivity of the case, the names from whom we seized can’t be disclosed at this moment,” a senior official on condition of anonymity said.

News: - taxguru