https://www.taxtmi.com/news?id=63301 Searches under Foreign Exchange Management provisions targeted a chartered accountant and associates over alleged control of foreign shell entities in the UAE, Nigeria and the US that were undeclared in statutory filings; investigators allege about Rs 900 crore in unexplained reserves and roughly Rs 1,500 crore routed back to India via bogus telegraphic transfers, with searches aimed at securing digital and documentary evidence of illicit fund layering. en-us Tue, 02 Dec 2025 09:31:02 +0530 Tue, 02 Dec 2025 09:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63301 Searches under Foreign Exchange Management provisions targeted a chartered accountant and associates over alleged control of foreign shell entities in the UAE, Nigeria and the US that were undeclared in statutory filings; investigators allege about Rs 900 crore in unexplained reserves and roughly Rs 1,500 crore routed back to India via bogus telegraphic transfers, with searches aimed at securing digital and documentary evidence of illicit fund layering. News - Tue, 02 Dec 2025 09:31:02 +0530 https://www.taxtmi.com/news?id=63301