https://www.taxtmi.com/news?id=22961 The tax authority conducted search and survey operations targeting three business groups-one spanning hotel, hydro power, metal and auto sectors suspected of channeling unaccounted income into real estate; a second engaged in silver/gold jewellery and antique silver trading with foreign associates alleged to have significant bullion transactions outside books and overseas accounts; and a third hotel group whose investment sources require verification. Investigators found loose papers, diaries and digital data suggesting cash bullion trading and cash investments in properties; further investigations are ongoing. en-us Tue, 14 Jul 2020 09:22:50 +0530 Tue, 14 Jul 2020 09:22:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22961 The tax authority conducted search and survey operations targeting three business groups-one spanning hotel, hydro power, metal and auto sectors suspected of channeling unaccounted income into real estate; a second engaged in silver/gold jewellery and antique silver trading with foreign associates alleged to have significant bullion transactions outside books and overseas accounts; and a third hotel group whose investment sources require verification. Investigators found loose papers, diaries and digital data suggesting cash bullion trading and cash investments in properties; further investigations are ongoing. News - Tue, 14 Jul 2020 09:22:50 +0530 https://www.taxtmi.com/news?id=22961