The Income Tax Department on Thursday carried out surveys against two business houses in the terror-hit areas of the Kashmir Valley for alleged tax evasion running into crores of rupees, officials said.
They said tax sleuths from income tax offices in Chandigarh and Rajasthan were flown in here for carrying out the surprise checks, an exercise undertaken in the militancy-infested Valley first time in 16 years.
About eight premises, including godowns, of the two companies were searched at Pampore and Pulwama in southern Kashmir and in the state capital here.
“The surveys are being conducted on charges of tax evasion and the business premises of the assessees are being visited,” a senior official said.
The income tax teams were assisted by the CRPF for ensuring the security of the team.
The second operation was carried out against a real estate company that is also into hotel business.
The company is alleged to have made “unaccounted transactions for sale of immovable properties to the tune of Rs 10 crore”, they said.
The officials of the two business houses were also briefly quizzed by the tax officials, they said.