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Tax Department Raids Gujarat Realty Firm, Detects ₹ 500 Crore Unaccounted Transactions

April 6, 2022April 6, 2022 Loknath Das500, Crore, Department, detects, Firm, Gujarat, Raids, Realty, Tax, Unaccounted, ₹

The Income Tax Department has detected unaccounted transactions of over ₹ 500 crore after it raided an Ahmedabad-based real estate developer and linked brokers as part of a tax evasion probe, the Central Board of Direct Taxes or CBDT claimed today. “Documents reveal unaccounted income of more than ₹ 200 crore in the hands of the real estate group and also unaccounted income of more than ₹ 200 crore in the hands of the parties recorded in the documents found from the possession of the brokers.” “Overall, the search & seizure operation has resulted in the…

Novel device detects bacteria and suggests apt antibiotic

October 7, 2016 Srijitaand, Antibiotic, apt, Bacteria, detects, Device, Novel, Suggests

An interdisciplinary team of engineers and pharmaceutical researchers at the University of Alberta has invented a device that can rapidly identify harmful bacteria and can determine whether it is resistant to antibiotics. The device could save precious hours in patient care and public health, and prevent the spread of drug-resistant strains of bacteria. The team’s findings can help in detecting bacteria and measure their susceptibility to antibiotics in small confined volumes. The device was designed to look for and trap different types of bacteria and find out which antibiotics are…