https://www.taxtmi.com/news?id=21270 A coordinated search and seizure on a power-sector group uncovered systemic concealment of income through shell companies, accommodation entries and bogus loans, extensive bogus billing and out-of-books cash receipts, over-invoicing and round-tripping of imports, and use of foreign operators to park unaccounted remittances and purchase property abroad, with seizure of unaccounted assets and detection of large-scale tax non-compliance. en-us Tue, 23 Apr 2019 10:32:27 +0530 Tue, 23 Apr 2019 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21270 A coordinated search and seizure on a power-sector group uncovered systemic concealment of income through shell companies, accommodation entries and bogus loans, extensive bogus billing and out-of-books cash receipts, over-invoicing and round-tripping of imports, and use of foreign operators to park unaccounted remittances and purchase property abroad, with seizure of unaccounted assets and detection of large-scale tax non-compliance. News - Tue, 23 Apr 2019 10:32:27 +0530 https://www.taxtmi.com/news?id=21270