Income Tax Department conducts search on a prominent business group in Delhi https://www.taxtmi.com/news?id=22060 Search operations targeted a Delhi-based business group for alleged tax evasion and money laundering, uncovering evidence that funds were routed through shell companies in Delhi and Kolkata and disguised via accommodation entries and hawala channels. Investigators report cross-border commission flows collected in Dubai through offshore shell entities that were layered and laundered back into India through the Delhi group, with search and seizure actions yielding documentary and electronic material indicating large-scale diversion of unaccounted funds. en-us Thu, 24 Oct 2019 10:01:09 +0530 Thu, 24 Oct 2019 10:01:09 +0530 TaxTMI RSS Generator Income Tax Department conducts search on a prominent business group in Delhi https://www.taxtmi.com/news?id=22060 Search operations targeted a Delhi-based business group for alleged tax evasion and money laundering, uncovering evidence that funds were routed through shell companies in Delhi and Kolkata and disguised via accommodation entries and hawala channels. Investigators report cross-border commission flows collected in Dubai through offshore shell entities that were layered and laundered back into India through the Delhi group, with search and seizure actions yielding documentary and electronic material indicating large-scale diversion of unaccounted funds. News - Thu, 24 Oct 2019 10:01:09 +0530 https://www.taxtmi.com/news?id=22060