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Income Tax Department Searches 6 Mumbai Firms In Nationwide Probe Into Suspected Foreign Remittance Irregularities

Mumbai: The Income Tax Department has searched six firms in Mumbai as part of a nationwide verification exercise into suspected irregularities in foreign remittances.The Mumbai searches are part of a wider exercise covering around 394 entities and 36 professionals, including 117 entities located in districts along India’s land borders, according to the Central Board of Direct Taxes (CBDT). The…

Income Tax Department Searches 6 Mumbai Firms In Nationwide Probe Into Suspected Foreign Remittance Irregularities

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

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