https://www.taxtmi.com/news?id=24739 Search and seizure operations of a jewellery and gemstone group uncovered suppression of cut-and-polished yields and unrecorded cash sales, with unaccounted income channelled into cash loans through a finance broker whose admissions and seized documentary and digital evidence corroborate disbursements and interest receipts; additional incriminating records show non-genuine unsecured loans, share application money irregularities, stock discrepancies, and SEZ-related practices aimed at obtaining exemptions under 10AA of the Income-tax Act, 1961. en-us Wed, 01 Dec 2021 13:09:06 +0530 Wed, 01 Dec 2021 13:09:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24739 Search and seizure operations of a jewellery and gemstone group uncovered suppression of cut-and-polished yields and unrecorded cash sales, with unaccounted income channelled into cash loans through a finance broker whose admissions and seized documentary and digital evidence corroborate disbursements and interest receipts; additional incriminating records show non-genuine unsecured loans, share application money irregularities, stock discrepancies, and SEZ-related practices aimed at obtaining exemptions under 10AA of the Income-tax Act, 1961. News - Wed, 01 Dec 2021 13:09:06 +0530 https://www.taxtmi.com/news?id=24739