I-T Dept conducts searches on group running multi-specialty hospital in Srinagar
The Hindu
The Income Tax Department conducted searches on a group running the biggest private multi-specialty 100-bed hospital in Jammu & Kashmir’s Srinagar, which had unaccounted asset transactions of more than ₹100 crore in cash since 2013-14, and unearthed evidence of several “benami properties”.
Seven locations, including four residential premises, were searched during the operation. During the searches, the agency seized ₹82.75 lakh in cash and jewellery/bullion worth ₹35.7 lakh. One bank locker has been sealed.
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