PIB (19/10/2019): UPSC Current affairs to prepare for UPSC exam
Income Tax Department conducts Search on a “wellness group” in Chennai
- Under the Income-tax Act, 1961 on 16.10.2019, the Income Tax Department conducted search action. It is in the case of a conglomerate of trusts and companies that run year-round “wellness courses” and training programmes in philosophy, spirituality, etc.
- Specifically, the group also diversified into several sectors including real estate, construction, sports, etc in India and abroad. Particularly, founded by a spiritual guru in the 1980s with “oneness” philosophy.
- Totally, about Rs, 43.9 crores found and seized by the Department at these premises.
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