Income Tax Raid Explained | When, Why & How does Income Tax Department conducts raid in India?

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Friends, we hear a lot of news on Income Tax raids in India but do you know why and how the Income Tax Department conducts raid. All these questions will be answered in this video.

Brief Information about the Income Tax raid from the Internet
‘Search and survey operations’ are conducted by the Income Tax Department, also called as raids, when they suspect an individual or business to have hoarded illegal money. A legal move against corruption by the Indian Government! Time and again, the Indian government has taken initiatives to discourage hoarding of black money. Out of all the viable ways to curb illegal wealth, income tax raids have been the most successful one.

Note: The information and facts in the video is based on my research from the internet, it may not be 100% correct.

You can watch similar general awareness videos at the following link.

   • General Knowledge and Awareness  

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