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GTL Infra admits undisclosed income of Rs 500 crore to Income Tax Dept in 2010

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Telecom company GTL Infrastructure has admitted undisclosed income of more than Rs 500 crore to the Income Tax department, Parliament was informed today. “In consequence to a search action conducted in 2010, a group (GTL Infrastructure) had admitted undisclosed income of Rs 500.65 crore,” Minister of State for Finance S S Palanimanickam told Lok Sabha in a written reply today.

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