Hi,
An incometax survey was conducted in our jewellery business premises . This survey continued for one day and nothing was found by the incometax department and they are saying that they are still in the process of evaluation and enquiry.
In the mean time one day after the survey a certain newspaper carried an article based on a oral statement of the income tax officer that evidence was found against the firm involving in illegal hawala transaction and computers were being scanned for finding out countries where these transactions are taking place (which he denied when contacted).
This article has caused disrepute to our otherwise clean image and is a matter of concern to us and has troubled us a lot .I would request my friends to please advice me what are my options legally
