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How does the I-T department conduct a raid?

How does the I-T department conduct a raid?
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First Published: Fri, Apr 23 2010. 10 32 AM IST
Updated: Fri, Apr 23 2010. 10 32 AM IST
As news has broken about the operations of the IPL and Lalit Modi over the last few days, the focus has gradually shifted to the Income Tax authorities’ investigations, which have been carried out in the offices of four of the eight franchise owners as well as in the office of the IPL. On Just to Clarify this week, we look at exactly what constitutes an Income Tax survey, how that differs from a raid, and how events proceed after a raid.
Our expert on the show is A. J. Majumdar, a consultant with Ernst & Young’s tax practice, and a former official at the Income Tax department.
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First Published: Fri, Apr 23 2010. 10 32 AM IST