India’s apparel export may not be that enthusiastic but apparel exporters are making good money, at least some of them as there were raids of Income Tax (IT) at few garment export houses in Noida, India. Though the export houses are saying that it was ‘income tax survey’ and not ‘raid’, an eyewitness told Apparel Resources.com that it was a full-fledge raid as there were policemen also with IT officers.
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“It was not a raid; in fact only a survey as IT teams came to our all five factories, checked our records, computers and matched the stock with the record. As physical stock was more than records, they did levied some penalty on us. They asked questions to senior staff also for some time but work did
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