https://www.taxtmi.com/news?id=25654 Search and seizure operations by the Income Tax Department on a diversified business group uncovered evidential materials showing systematic tax evasion through unaccounted cash sales, bogus purchases, undeclared real estate receipts, sarafi advances and layering via share premium from shell companies; seized material also indicates share price manipulation, book manipulation and siphoning of funds to fictitious entities, with substantial cash and unexplained valuables seized during the searches. en-us Tue, 02 Aug 2022 15:26:03 +0530 Tue, 02 Aug 2022 15:26:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25654 Search and seizure operations by the Income Tax Department on a diversified business group uncovered evidential materials showing systematic tax evasion through unaccounted cash sales, bogus purchases, undeclared real estate receipts, sarafi advances and layering via share premium from shell companies; seized material also indicates share price manipulation, book manipulation and siphoning of funds to fictitious entities, with substantial cash and unexplained valuables seized during the searches. News - Tue, 02 Aug 2022 15:26:03 +0530 https://www.taxtmi.com/news?id=25654