https://www.taxtmi.com/news?id=21818 Search operations uncovered long concealed undisclosed income and foreign asset holdings of a politically connected group, revealing cash dealings in immovable property and construction and extensive use of overseas trusts and companies to stash proceeds. The factual findings identify substantial undisclosed foreign assets and domestic tax evasion and frame potential legal consequences under the Black Money Act and the Income Tax Act, with likely multi agency investigative and enforcement coordination to address detection and attribution of concealed cross border assets. en-us Mon, 29 Jul 2019 13:20:29 +0530 Mon, 29 Jul 2019 13:20:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21818 Search operations uncovered long concealed undisclosed income and foreign asset holdings of a politically connected group, revealing cash dealings in immovable property and construction and extensive use of overseas trusts and companies to stash proceeds. The factual findings identify substantial undisclosed foreign assets and domestic tax evasion and frame potential legal consequences under the Black Money Act and the Income Tax Act, with likely multi agency investigative and enforcement coordination to address detection and attribution of concealed cross border assets. News - Mon, 29 Jul 2019 13:20:29 +0530 https://www.taxtmi.com/news?id=21818