No lrregularities found during IT search of Capacit’e Infraprojects Ltd
The Income Tax Department conducted a search at the Premises of the Company under
section 132 of the Income Tax Act, 1961. The Search was concluded on August 25,2019.
No lrregularities have been found during the Search operation by the Authorities against the
Company. There have been no claims made against the company nor have there been any
disclosures. The above proceedings have no impact on the financial and operational
performance of the Company.
“The Company is providing all possible assistance to the Authorities in this matter. We have
furnished all explanations, informations and clarifications required by them in this matter and
shall continue to provide any further details that might be required.” expressed Rohit Katyal, Executive Director & CFO.
He went on to add, “We at Capacit’e Infraprojects Ltd., follow the highest standards of Corporate Governant and Financial Discipline. Our systems and processes are benchmarked by competent
auditing and accounting standards, Our dealings with our partners and our clientele are
transparent and as per Industry guidelines.”