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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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