https://www.taxtmi.com/news?id=21783 A search and seizure operation uncovered documentary and digital evidence of loan siphoning, fund diversion, round tripping through promoter-linked conduit entities, fabrication of transactions (including nominal asset transfers and fictitious employees), false operational claims to obtain bank credit, diversion of educational society receipts, and seizure of undisclosed cash and jewellery, indicating alleged violations of prudential lending norms, asset concealment and tax compliance obligations. en-us Wed, 24 Jul 2019 09:30:13 +0530 Wed, 24 Jul 2019 09:30:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21783 A search and seizure operation uncovered documentary and digital evidence of loan siphoning, fund diversion, round tripping through promoter-linked conduit entities, fabrication of transactions (including nominal asset transfers and fictitious employees), false operational claims to obtain bank credit, diversion of educational society receipts, and seizure of undisclosed cash and jewellery, indicating alleged violations of prudential lending norms, asset concealment and tax compliance obligations. News - Wed, 24 Jul 2019 09:30:13 +0530 https://www.taxtmi.com/news?id=21783