Capacite Infraprojects surges 11% on conclusion of I-T search operation The Income Tax Department conducted a search at the premises of the company under section 132 of the Income Tax Act, 1961, which concluded on August 25, 2019.
Capacite Infraprojects plumbs to all-time low, Oberoi Realty cracks 7% after I-T Dept raids firms' offices In the last two months, this is the second time a large builder is under the scanner of the investigation department of Income Tax.
Income Tax Department conducts searches at Oberoi Realty, Capacite Infra Confirming the development, a senior official of the I-T Department told Moneycontrol there was suspicion on related party transaction within Oberoi and also of a difference between the sale price of housing units shown on the books and the registered prices.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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