https://www.taxtmi.com/news?id=25697 Search and seizure on a Jhansi-based civil contract and real estate group uncovered documentary and physical evidence of systematic profit suppression by manipulating books, including bogus expenses and nonexistent sundry creditors quantified from seized material; a principal has voluntarily offered additional income. In real estate, undisclosed on-money over stamp duty value and failure to recognise income per accounting standards produced aggregated unaccounted receipts. Seizures of unaccounted cash and jewellery were made and investigations continue. en-us Fri, 12 Aug 2022 16:35:40 +0530 Fri, 12 Aug 2022 16:35:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25697 Search and seizure on a Jhansi-based civil contract and real estate group uncovered documentary and physical evidence of systematic profit suppression by manipulating books, including bogus expenses and nonexistent sundry creditors quantified from seized material; a principal has voluntarily offered additional income. In real estate, undisclosed on-money over stamp duty value and failure to recognise income per accounting standards produced aggregated unaccounted receipts. Seizures of unaccounted cash and jewellery were made and investigations continue. News - Fri, 12 Aug 2022 16:35:40 +0530 https://www.taxtmi.com/news?id=25697