Rs 35 cr unaccounted income surfaced in raids on city doctors

Nagpur | Wednesday | 22nd February, 2017

Summary:

The income tax sleuths had carried out raids on doctors across the state a fortnight ago, got disclosures of over Rs 35 crore of unreported income from professionals covered in the region. However this time, the doctors in Nagpur and Akola have hit the income tax radar. Nagpur: Nagpur, being the hub of Central India’s health care segment, is flourishing with doctors and then there are doctors who are minting crores of rupees, thanks to their whopping fees and procedure charges. If the unaccounted wealth is detected after which the assessee is able to establish the source, tax charged will be at 107%. The Rs 35 crore declared cumulatively will be added to their income and taxed accordingly, said sources following the development..