https://www.taxtmi.com/news?id=23555 Search and seizure operations based on departmental data and enquiries uncovered concealment of income via undisclosed cash sales, bogus expenses, layering of unlisted share sales to convert cash into unsecured loans or share capital, round tripping, bogus losses on penny stocks, unaccounted loans and commissions; incriminating documents were seized, an assessee admitted a portion of undisclosed income, seizures of unaccounted cash were made, and further investigations continue. en-us Fri, 15 Jan 2021 19:31:30 +0530 Fri, 15 Jan 2021 19:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23555 Search and seizure operations based on departmental data and enquiries uncovered concealment of income via undisclosed cash sales, bogus expenses, layering of unlisted share sales to convert cash into unsecured loans or share capital, round tripping, bogus losses on penny stocks, unaccounted loans and commissions; incriminating documents were seized, an assessee admitted a portion of undisclosed income, seizures of unaccounted cash were made, and further investigations continue. News - Fri, 15 Jan 2021 19:31:30 +0530 https://www.taxtmi.com/news?id=23555