GST wing, I-T department conduct survey action against Zee Group

The GST Intelligence Wing and Income Tax Department are conducting a survey action against the Zee Group. The stock has fallen in trade today on reports of inspection at several offices of the company.

The exercise is being carried out at the company's offices to probe the alleged fake tax credit claimed by the firm.

Zee Group in a statement said that the officials of the tax department visited the offices of the company with certain queries and the concerned officers are providing all the information and are extending complete co-operation.