https://www.taxtmi.com/news?id=23865 Searches by the Income Tax Department in Tamil Nadu uncovered indicators of tax evasion and money laundering: fabricated invoices and false commodity trading to justify large cash deposits; sham foreign debenture inflows diverted to personal accounts; over-invoicing of imports to route funds abroad; undeclared immovable property acquisitions and undisclosed foreign accounts; and significant unaccounted assets seized while investigations under the Black Money law continue. en-us Wed, 17 Mar 2021 17:24:57 +0530 Wed, 17 Mar 2021 17:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23865 Searches by the Income Tax Department in Tamil Nadu uncovered indicators of tax evasion and money laundering: fabricated invoices and false commodity trading to justify large cash deposits; sham foreign debenture inflows diverted to personal accounts; over-invoicing of imports to route funds abroad; undeclared immovable property acquisitions and undisclosed foreign accounts; and significant unaccounted assets seized while investigations under the Black Money law continue. News - Wed, 17 Mar 2021 17:24:57 +0530 https://www.taxtmi.com/news?id=23865