Tax raids on Emaar-MGF, firm says it's routine survey (Indian Express Finance via Yahoo! India News)

The Income Tax Department has conducted raids on properties that belong to the Emaar-MGF Group, a consortium between the Dubai-based real estate developers Emaar Properties and India s MGF developers. Official sources said the raids started on Wednesday on offices of the group across the country for alleged tax violations. When contacted, a spokesperson of the group told The Indian Express: It ...