Income Tax Department conducts searches on groups engaged in the business of Digital Marketing & Waste Management

Income Tax Department conducts searches on groups engaged in the business of Digital Marketing & Waste Management https://www.taxtmi.com/news?id=24582 Search and seizure operations of two corporate groups uncovered suspected tax-evasion: the digital marketing group used accommodation entries, hawala-mediated cash transfers, inflated expenditures, under-reported revenue, misclassified personal expenses and purchases of vehicles in others' names; the solid waste management group booked bogus bills and sub-contracts, with detection of unaccounted property and seizure of cash and jewellery, and investigations continue. en-us Mon, 18 Oct 2021 09:41:32 +0530 Mon, 18 Oct 2021 09:41:32 +0530 TaxTMI RSS Generator Income Tax Department conducts searches on groups engaged in the business of Digital Marketing & Waste Management https://www.taxtmi.com/news?id=24582 Search and seizure operations of two corporate groups uncovered suspected tax-evasion: the digital marketing group used accommodation entries, hawala-mediated cash transfers, inflated expenditures, under-reported revenue, misclassified personal expenses and purchases of vehicles in others' names; the solid waste management group booked bogus bills and sub-contracts, with detection of unaccounted property and seizure of cash and jewellery, and investigations continue. News - Mon, 18 Oct 2021 09:41:32 +0530 https://www.taxtmi.com/news?id=24582