Income tax conducts multi-city raids on CapsGold offices over suspected gold tax evasion
The Income Tax Department conducted searches on CapsGold Pvt. Ltd., a prominent bullion merchant and jeweler, across multiple cities including Hyderabad, Secunderabad, and Bengaluru. Fifteen teams were formed to investigate suspected tax evasion, particularly in gold sales, as the Diwali season approaches.
The Income Tax Department conducted searches on CapsGold Pvt. Ltd., a prominent bullion merchant and jeweler, across multiple cities including Hyderabad, Secunderabad, and Bengaluru. Fifteen teams were formed to investigate suspected tax evasion, particularly in gold sales, as the Diwali season approaches.
