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Income Tax raids on IndiaBulls offices in India

Today, Income Tax IT Mumbai raids on IndiaBulls promoters all over India. More then 1k IT officers on this operation. Massive operations are being conducted under the leadership of Directorate of Income Tax, investigation unit Mumbai. IT raids are conducted at Mumbai and Delhi offices of Indiabulls Housing Finance, Indiabulls Ventures and Indiabulls Real Estate. “During the investigation the tax department found some importanat documents, which provide various lead to trace unaccounted money,” as per sources.