Guj IT department detects Rs 111 crore of "undisclosed" income

"On the basis of evidences gathered and inquiries conducted, the taxpayer group has surrendered Rs 111 crore as undisclosed income," an I-T official said, adding the survey was conducted at three premises of the firm, involving around 25 I-T officials.

During the survey, documents pertaining to "undisclosed" income and investments in assets were found, he said.