I-T raids at Dainik Bhaskar Group; Govt sources confirm allegations of huge tax evasion

An extensive search operation was conducted under section 132 of the Income Tax Act at the Dainik Bhaskar Group. The allegations are of huge tax evasion and financial irregularities against the companies and media groups who have been raided today, the government sources stated. The raids took place in over 30 cities of Mumbai, Delhi, Bhopal, Indore, Jaipur, Korba, Noida, and Ahemdabad, and covered both residential and commercial properties. The taxmen have targeted the Dainik Bhaskar group, one of the country's largest media houses at multiple locations. The raids are being carried out, according to sources in the I-T department, in response to a tip-off the department got regarding alleged tax evasions by the group and its many entities.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting