I-T searches 31 places of 2 Goa realty majors for tax evasion

PANAJI: The Investigation Wing of the Income-Tax Department at Panaji launched a comprehensive search and survey operation on two premier luxury real estate developers, Vianaar Group and Isprava Group in connection with alleged tax evasion.
The search operation, spanning multiple states, aims to uncover potential tax evasion and undisclosed assets linked to high-end luxury villa projects.
The ongoing preliminary investigations have already yielded substantial findings, the I-T department said. The search proceedings have uncovered significant amounts of unaccounted cash and incriminating documents, further indicating potential instances of tax evasion.