https://www.taxtmi.com/news?id=23474 Coordinated search and survey operations targeted three contracting groups for alleged accommodation entries via non genuine unsecured loans and inflated securities premium from paper shell companies, with entry operators admitting bogus transactions. Searches uncovered cash trails, seizures of cash and jewellery, substantial detected undisclosed income, and ongoing investigation to determine sources, asset holdings, and the quantum of tax evasion. en-us Mon, 28 Dec 2020 09:40:03 +0530 Mon, 28 Dec 2020 09:40:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23474 Coordinated search and survey operations targeted three contracting groups for alleged accommodation entries via non genuine unsecured loans and inflated securities premium from paper shell companies, with entry operators admitting bogus transactions. Searches uncovered cash trails, seizures of cash and jewellery, substantial detected undisclosed income, and ongoing investigation to determine sources, asset holdings, and the quantum of tax evasion. News - Mon, 28 Dec 2020 09:40:03 +0530 https://www.taxtmi.com/news?id=23474