https://www.taxtmi.com/news?id=25058 Investigation uncovered coordinated use of bogus invoices and non existent suppliers to avail and pass on fraudulent Input Tax Credit (ITC) in the trade of aluminium and steel. The enforcement operation, using data and network analysis, led to registration of tax evasion cases, recoveries and arrest of the proprietor under Section 69(1) linked to alleged offences under Section 132(1)(b) & (c), forming part of a wider anti evasion drive to detect bogus invoicing and unfair competition. en-us Fri, 04 Feb 2022 10:07:25 +0530 Fri, 04 Feb 2022 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25058 Investigation uncovered coordinated use of bogus invoices and non existent suppliers to avail and pass on fraudulent Input Tax Credit (ITC) in the trade of aluminium and steel. The enforcement operation, using data and network analysis, led to registration of tax evasion cases, recoveries and arrest of the proprietor under Section 69(1) linked to alleged offences under Section 132(1)(b) & (c), forming part of a wider anti evasion drive to detect bogus invoicing and unfair competition. News - Fri, 04 Feb 2022 10:07:25 +0530 https://www.taxtmi.com/news?id=25058