Business

Income Tax Department Raids Mumbai Offices of Edelweiss Group

The Income Tax Department team has raided the offices of Investment and Financial Services Company Edelweiss Group in Mumbai.

According to sources, a Mumbai Income Tax Department team is currently present at the offices of Edelweiss Group. As per the information, the action of the team is going on since morning today.

So far the entire information has not been revealed about the documents which have been recovered in the raid by the Income Tax Department team and for how long this raid will continue.

The IT Department Mumbai team is leading the search and investigation. So far, complete information has not come into light as to what documents were seized by the Income Tax Department team in the raid and how long this raid is going to last. At the same time, no official statement has been issued so far by the firm as well.

Read this also:  SEBI to Probe Adani Fallout After Supreme Court Direction

The Edelweiss was founded in 1995 by Rashesh Shah and Venkat Ramaswamy.

Parijat Tripathi

Recent Posts

Bangladesh Name 15-Man Squad For Afghanistan Test, Shanto To Lead

Bangladesh have finalised their squad for the one-off Test against Afghanistan in the UAE, retaining…

4 hours ago

Dr Dinesh Sharma Announces Vision Document To Strengthen Andaman Tourism

Andaman and Nicobar Lieutenant Governor Dr Dinesh Sharma said a vision document will be prepared…

4 hours ago

Shreyas Iyer Looks To Strengthen India’s Combination Ahead Of Asian Games

India T20I captain Shreyas Iyer says the Asian Games will give India an opportunity to…

4 hours ago

LPG Subsidy Rules Tighten As Aadhaar Biometric Verification Becomes Mandatory

The government will require domestic LPG consumers to complete Biometric Aadhaar Authentication from October 1.

5 hours ago

Ranveer Singh And Deepika Padukone Welcome Baby Girl

Ranveer Singh and Deepika Padukone have welcomed their second child, a baby girl, on September…

6 hours ago

Barapullah Phase III Set For September 29 Opening, Amit Shah To Inaugurate

Union Home Minister Amit Shah will inaugurate Delhi’s Barapullah Phase III corridor on September 29,…

7 hours ago