<h1>Tax search uncovers alleged large-scale unaccounted transactions and laundering through share premium and loans by steel manufacturers.</h1> A coordinated search and seizure operation on four steel rolling mill companies uncovered physical and digital evidence of systematic unaccounted transactions outside books of account, including inflated purchases, unaccounted cash expenses and investments, and alleged laundering of unaccounted income by routing funds as share premium and unsecured loans through shell companies; initial operational findings include unrecorded stock, multiple bank lockers, seized cash and jewellery, and subsequent disclosures of additional income, with further investigations ongoing.