Polycab India says I-T Dept initiated searches at its premises, plants
Polycab India has said that the Income Tax Department has initiated a search at some of the premises and plants related to the company.
Polycab India has said that the Income Tax Department has initiated a search at some of the premises and plants related to the company.
Raids are also being conducted at the offices of film producer Kalaipuli S. Thanu in Chennai and film producer S.K. Prabhu's residence at Teynampet, Chennai.
In order to implement the scheme, the Board has diverted the existing manpower at all levels of the department to the Faceless Assessment charges.
Under the new law, the first instalment is due on July 7 for the equalisation levy charged on supplies in the first quarter of the financial year ending June 30.
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