https://www.taxtmi.com/news?id=48253 Classification of the loan account as fraud and corresponding reporting obligations follow the committee's finding that loans were diverted from sanctioned purposes through complex intra group movements, inter corporate deposits and intraday cycling, with payments to connected parties and partial traceability of transactions indicating potential misappropriation, breach of trust and manipulation of books. en-us Wed, 02 Jul 2025 16:16:02 +0530 Wed, 02 Jul 2025 16:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48253 Classification of the loan account as fraud and corresponding reporting obligations follow the committee's finding that loans were diverted from sanctioned purposes through complex intra group movements, inter corporate deposits and intraday cycling, with payments to connected parties and partial traceability of transactions indicating potential misappropriation, breach of trust and manipulation of books. News - Wed, 02 Jul 2025 16:16:02 +0530 https://www.taxtmi.com/news?id=48253