https://www.taxtmi.com/news?id=24581 Search and seizure operations uncovered widespread under-invoicing of imported electronics and wrongful description of goods via shell entities, with sales routed as out-of-books cash transactions and payments to foreign consigners effected through hawala channels; proceeds were concealed through property acquisitions, bogus rental income and loans, and foreign deposits, and unaccounted cash was seized pending further investigation. en-us Sat, 16 Oct 2021 11:49:15 +0530 Sat, 16 Oct 2021 11:49:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24581 Search and seizure operations uncovered widespread under-invoicing of imported electronics and wrongful description of goods via shell entities, with sales routed as out-of-books cash transactions and payments to foreign consigners effected through hawala channels; proceeds were concealed through property acquisitions, bogus rental income and loans, and foreign deposits, and unaccounted cash was seized pending further investigation. News - Sat, 16 Oct 2021 11:49:15 +0530 https://www.taxtmi.com/news?id=24581