https://www.taxtmi.com/news?id=24508 Income Tax Department search and seizure operations on syndicate financiers in Chennai found cash lending, high interest partly undisclosed to tax, routing interest payments through dummy bank accounts, and disguising unaccounted funds as unsecured loans and sundry creditors; searches also revealed undisclosed property investments and other suppressed income, with seizures made and further investigations ongoing. en-us Sat, 25 Sep 2021 12:03:40 +0530 Sat, 25 Sep 2021 12:03:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24508 Income Tax Department search and seizure operations on syndicate financiers in Chennai found cash lending, high interest partly undisclosed to tax, routing interest payments through dummy bank accounts, and disguising unaccounted funds as unsecured loans and sundry creditors; searches also revealed undisclosed property investments and other suppressed income, with seizures made and further investigations ongoing. News - Sat, 25 Sep 2021 12:03:40 +0530 https://www.taxtmi.com/news?id=24508