As the reports go, Ghanshyam Das Agarwal led Adhunik Group of companies in Jharkhand is under Income Tax scan. The three-day long search at 27 offices started on 19th of this month...
... and revealed that the group has an undeclared income of Rs 101 crore,
the highest of its kind. As reported, the company management has
accepted to pay tax on this income. It is also alleged that the company
bosses are well known to and has good relations with the CMs of four
states. Also the management has the patronizing hands of Power and
Mining department officers. As a result companies files are expedited at
one go and on priority basis.