![]() Financial Daily from THE HINDU group of publications Friday, Oct 21, 2005 |
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Markets
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Financial Services Industry & Economy - Income Tax I-T search operations at IL&FS Our Bureau
MUMBAI: Income-Tax authorities conducted search operations at the office of IL&FS at Bandra Kurla Complex in Mumbai on Thursday. When contacted, a senior official of IL&FS said the I-T authorities were conducting a survey for "cross-verification relating to a third party based in South India." The official maintained that IL&FS had no idea regarding the identity of this particular South India-based company.
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