https://www.taxtmi.com/news?id=23455 Searches across multiple premises of a civil contracting group disclosed a scheme of inflating purchases and contract expenses with excess payments returned in cash, producing approximately Rs. 700 crore of unaccounted income, of which the assessee admitted about Rs. 150 crore; a cash seizure of about Rs. 21 crore was effected and further investigations are ongoing. en-us Thu, 17 Dec 2020 16:39:59 +0530 Thu, 17 Dec 2020 16:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23455 Searches across multiple premises of a civil contracting group disclosed a scheme of inflating purchases and contract expenses with excess payments returned in cash, producing approximately Rs. 700 crore of unaccounted income, of which the assessee admitted about Rs. 150 crore; a cash seizure of about Rs. 21 crore was effected and further investigations are ongoing. News - Thu, 17 Dec 2020 16:39:59 +0530 https://www.taxtmi.com/news?id=23455