https://www.taxtmi.com/news?id=17226 Income-tax authorities probed an alleged black money conversion scheme involving coordinated deposits of withdrawn currency consolidated into a central account and electronic transfers to mills and bullion traders; a bullion firm reportedly conducted major post-demonetisation sales while using the 'Hazir' software to maintain parallel unofficial and official sales records. Enforcement measures include searches, raids, seizure of electronic devices for forensic recovery, issuance of summons, and scrutiny of bank transactions, with some entities declaring assets under the statutory disclosure window and investigations continuing to trace concealed receipts. en-us Sat, 07 Jan 2017 10:09:37 +0530 Sat, 07 Jan 2017 10:09:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17226 Income-tax authorities probed an alleged black money conversion scheme involving coordinated deposits of withdrawn currency consolidated into a central account and electronic transfers to mills and bullion traders; a bullion firm reportedly conducted major post-demonetisation sales while using the 'Hazir' software to maintain parallel unofficial and official sales records. Enforcement measures include searches, raids, seizure of electronic devices for forensic recovery, issuance of summons, and scrutiny of bank transactions, with some entities declaring assets under the statutory disclosure window and investigations continuing to trace concealed receipts. News - Sat, 07 Jan 2017 10:09:37 +0530 https://www.taxtmi.com/news?id=17226