-
ALSO READ
Only 61 individuals declared gross income of over Rs 100 cr in FY17: Govt
Govt extends deadline for filing I-T returns, audit report till October 15
Will govt, Income Tax dept get more tax revenue if HUFs are abolished?
No tax liability if your income is up to Rs 9.5 lakh, but conditions apply
1.2 bn Indians, but just 150,000 declared income of over Rs 1 crore: CBDT
-
Drug firm Divi's Laboratories Tuesday said income tax department has conducted raids at its premises, including its head office and manufacturing sites, between February 14-18.
The company said the raids were conducted by the officials of Income-Tax Department under Section 132 of the Income-Tax Act.
"The company has extended full cooperation to the officials during the search and provided all the information sought. The search operation concluded on February 18, 2019 and no irregularities have been found," Divi's Laboratories said in a regulatory filing.
Established in 1990, Divi's is a leading manufacturer of active pharmaceutical ingredients offering products in over 95 countries.
The company's shares were trading 0.66 per cent up at Rs 1,585 on the BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.
Download the Business Standard App for latest Business News and Market News .
First Published: Tue, February 19 2019. 15:45 IST
RECOMMENDED FOR YOU