IT surveys premises of contractor

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Income Tax Department today conducted surveys in the premises of a contractor-cum-fabricator and seized documents indicating concealment of income and evasion of tax.
Official sources  that the sleuths of Income Tax Department conducted surveys in the premises of contractor-cum-fabricator namely Satvir Gupta at Gangyal and Rehari.
During the surveys, the IT sleuths laid hands on documents indicating concealment of income by the contractor. “The scrutiny of the impounded documents is going on and exact picture would emerge tomorrow”, sources added.
“The action was taken as the contractor failed to respond to the notice issued by the Income Tax Department”, sources said, adding “since there is a long list of non-filers of returns and those not ensuring compliance to the notices of the department, the possibility of IT sleuths conducting similar surveys in near future cannot be ruled out”.

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