https://www.taxtmi.com/news?id=23480 Search and seizure operation uncovered hawala operators using short lived shell entities to generate bogus purchase and sale bills, route and layer unaccounted funds through multiple bank accounts, and suppress sales through fabricated purchases; the action led to seizure of unaccounted cash and bullion and investigations continue to trace beneficiaries and transactional links. en-us Wed, 30 Dec 2020 09:29:00 +0530 Wed, 30 Dec 2020 09:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23480 Search and seizure operation uncovered hawala operators using short lived shell entities to generate bogus purchase and sale bills, route and layer unaccounted funds through multiple bank accounts, and suppress sales through fabricated purchases; the action led to seizure of unaccounted cash and bullion and investigations continue to trace beneficiaries and transactional links. News - Wed, 30 Dec 2020 09:29:00 +0530 https://www.taxtmi.com/news?id=23480