SURAT: The income tax (I-T) department carried out a search and survey operation on a realtor in the walled city area on Friday.
A team of I-T sleuths raided around 10 spots in the city's Mughalsarai, Ved Road, Ghastipura and Chowk Bazaar. The raids were carried out following an information regarding the huge amount of tax evasion by the realtor.
The offices and residence of the realtor and its three partners were raided by the I-T sleuths and documents, cash and jewellery have been seized.
Sources said that the raids are still going on at few project sites to gather documents. The scrutiny of the documents will begin from Saturday.
Meanwhile, two realtors from Vyara have registered under the Income Declaration Scheme (IDS) with Sruat's I-T department on Friday. tnn