The Income-tax Department has conducted a search and seizure operation on a leading automobile manufacturer group on March 23, 2022. Various incriminating documents and digital evidence were found and seized during the search operation. Expenditure aggregating to more than Rs. 800 crore has been booked in the guise of purchasing services from a shell entity.The Income-tax Department has conducted a search and seizure operation on a leading automobile manufacturer group on March 23, 2022. Various incriminating documents and digital evidence were found and seized during the search operation. Expenditure aggregating to more than Rs. 800 crore has been booked in the guise of purchasing services from a shell entity.taxmann.com Latest Statutory HappeningsRead More
