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Hyderabad: I-T department conducts searches at Anvitha Real Estate Group
Real Estate

Hyderabad: I-T department conducts searches at Anvitha Real Estate Group

The income tax investigation unit of Hyderabad conducted searches on Thursday at multiple locations belonging to Anvitha Real Estate Group to investigate suspected tax evasion. The company has real estate projects in Abu Dhabi, the United States, and Kollur, Hyderabad. Searches took place in Hyderabad and Rangareddy districts. Anvitha Group is currently working on projects like Anvitha Ivana and Anvitha High9 in Kollur, as well as two other projects. The group previously completed Bhuvi Residency in Bachupally and is also involved in a project in Dallas, Texas. Searches were also conducted at the offices of two directors, Atchuta Rao Boppana and Anup Boppana. Income tax officials inspected the registered office of Anvitha Infra Projects Private Limited in Raidurg, Gachibowli.

The income tax investigation unit of Hyderabad conducted searches on Thursday at multiple locations belonging to Anvitha Real Estate Group to investigate suspected tax evasion. The company has real estate projects in Abu Dhabi, the United States, and Kollur, Hyderabad. Searches took place in Hyderabad and Rangareddy districts. Anvitha Group is currently working on projects like Anvitha Ivana and Anvitha High9 in Kollur, as well as two other projects. The group previously completed Bhuvi Residency in Bachupally and is also involved in a project in Dallas, Texas. Searches were also conducted at the offices of two directors, Atchuta Rao Boppana and Anup Boppana. Income tax officials inspected the registered office of Anvitha Infra Projects Private Limited in Raidurg, Gachibowli.

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Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat

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In a move towards sustainable plastic waste management, Pune-based CSIR-National Chemical Laboratory (CSIR-NCL) signed a Memorandum of Understanding (MoU) with Covestro (India) Private Limited on Wednesday to develop innovative upcycling technologies for polyurethane waste.Polyurethane is notoriously difficult to recycle, with current methods often proving inefficient, costly, and environmentally harmful. This collaboration aims to address existing challenges, including high energy usage and deterioration of material quality during recycling.Ashish Lele, director of CSIR-NCL, stated, “This p..

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Torrent Pharma Seeks CCI Approval for Rs 195 Billion JB Chemicals Deal

Ahmedabad-based Torrent Pharmaceuticals has sought clearance from the Competition Commission of India (CCI) to acquire a majority stake in J B Chemicals and Pharmaceuticals in a Rs 195 billion deal.Upon completion, Torrent Pharmaceuticals will become India’s second most valuable pharmaceutical company.The move follows Torrent’s June announcement to acquire a majority stake in J B Chemicals for Rs 195 billion.“The proposed combination pertains to the acquisition of shareholding by Torrent Pharmaceuticals Ltd in J B Chemicals & Pharmaceuticals Ltd, followed by the merger of the target ..

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