https://www.taxtmi.com/news?id=24511 A coordinated search and seizure operation on four steel rolling mill companies uncovered physical and digital evidence of systematic unaccounted transactions outside books of account, including inflated purchases, unaccounted cash expenses and investments, and alleged laundering of unaccounted income by routing funds as share premium and unsecured loans through shell companies; initial operational findings include unrecorded stock, multiple bank lockers, seized cash and jewellery, and subsequent disclosures of additional income, with further investigations ongoing. en-us Mon, 27 Sep 2021 16:54:23 +0530 Mon, 27 Sep 2021 16:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24511 A coordinated search and seizure operation on four steel rolling mill companies uncovered physical and digital evidence of systematic unaccounted transactions outside books of account, including inflated purchases, unaccounted cash expenses and investments, and alleged laundering of unaccounted income by routing funds as share premium and unsecured loans through shell companies; initial operational findings include unrecorded stock, multiple bank lockers, seized cash and jewellery, and subsequent disclosures of additional income, with further investigations ongoing. News - Mon, 27 Sep 2021 16:54:23 +0530 https://www.taxtmi.com/news?id=24511