Tuesday, November 12, 2019

Income Tax Department busts Rs. 3300 cr Major Racket of Bogus Billing and Hawala Transactions

The Income Tax Department carried out searches in the first week of November, 2019 on a group of persons indulging in issuing bogus bills and carrying on hawala transactions. The search operations covered 42 premises across Delhi, Mumbai, Hyderabad, Erode, Pune, Agra & Goa. The search operations resulted in busting of a major racket of […]

The post Income Tax Department busts Rs. 3300 cr Major Racket of Bogus Billing and Hawala Transactions appeared first on Taxscan | Simplifying Tax Laws.



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