https://www.taxtmi.com/news?id=25681 The Income Tax Department conducted search and seizure operations at around 40 premises linked to film producers, distributors, and financiers, seizing documents and digital evidence of unaccounted cash transactions, hidden premises, promissory notes for unaccounted loans, and records indicating understatement of theatrical receipts. Evidence shows deployment of undeclared income into undisclosed investments and collusive suppression of theatre collections by distributors. Significant undisclosed income and seizures of cash and gold have been detected, and investigations continue. en-us Sat, 06 Aug 2022 17:30:40 +0530 Sat, 06 Aug 2022 17:30:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25681 The Income Tax Department conducted search and seizure operations at around 40 premises linked to film producers, distributors, and financiers, seizing documents and digital evidence of unaccounted cash transactions, hidden premises, promissory notes for unaccounted loans, and records indicating understatement of theatrical receipts. Evidence shows deployment of undeclared income into undisclosed investments and collusive suppression of theatre collections by distributors. Significant undisclosed income and seizures of cash and gold have been detected, and investigations continue. News - Sat, 06 Aug 2022 17:30:40 +0530 https://www.taxtmi.com/news?id=25681