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I-T searches in Goa yield ₹4.39 crore


The Income Tax Department on Thursday conducted searches at the premises of two groups involved in the sale and purchase of a hotel resort at Goa.

IT officials said that searches were conducted in six premises at various locations.

“One of the groups currently owns a large property at Goa on which a five-star resort project is being built. The group is engaged primarily in Hotels & Hospitality, real estate and construction. The buyer, a Delhi-based group of companies is into catering, restaurant and hotel business,” an IT officer said, adding assets worth ₹4.39 cr., including ₹2.55 cr ...


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