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Tax evasion of Rs 137 crore by real estate company detected
Oct 26, 2013
AHMEDABAD: In one of the biggest tax evasion cases in recent times, Income Tax department on Friday detected evasion of Rs 137 crore by a city-based real-estate company, Venus Infrastructure and Developers Pvt Ltd. In surveys at the firm's offices and construction sites, tax sleuths found that the owners, Rajesh Vaswani and Deepak Vaswani, hadn't paid advance taxes in two years.

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