https://www.taxtmi.com/news?id=25579 Preliminary analysis of seized documents and digital evidence indicates landowners under joint development agreements received built-up area for land and failed to report resulting capital gains despite completion certificates; investigators also found suppressed revenue from unit sales, inflated construction expenses via bogus purchases and over-invoicing, diversion of borrowed funds to related parties, inter company advances resembling deemed dividends, and a trust's failure to utilize accumulated funds within prescribed limits. en-us Tue, 12 Jul 2022 09:52:32 +0530 Tue, 12 Jul 2022 09:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25579 Preliminary analysis of seized documents and digital evidence indicates landowners under joint development agreements received built-up area for land and failed to report resulting capital gains despite completion certificates; investigators also found suppressed revenue from unit sales, inflated construction expenses via bogus purchases and over-invoicing, diversion of borrowed funds to related parties, inter company advances resembling deemed dividends, and a trust's failure to utilize accumulated funds within prescribed limits. News - Tue, 12 Jul 2022 09:52:32 +0530 https://www.taxtmi.com/news?id=25579