Police in Andhra Pradesh have booked a chartered accountant and seven firms for allegedly facilitating the illegal transfer of Rs 186 crore abroad using false Form 15CB certifications. The case, registered on…
Hyderabad's Central Crime Station has booked chartered accountant Hari Shankar Reddy Renati and others for allegedly facilitating unauthorised outward foreign remittances of Rs 464.8 crore through two shell entities. The case was…
The Income Tax Department has uncovered overseas remittances totalling ₹1.29 lakh crore by 6,422 entities, with action taken against 394 firms, the Times of India reports. Singapore, the UAE, Hong Kong, Mauritius…
The Income Tax Department has launched a nationwide verification drive targeting 394 entities and 36 professionals, including chartered accountants, over suspected irregularities in foreign remittances. Of the entities under scrutiny, 117 are…
The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances, covering 394 entities and 36 professionals. Of these, 117 entities are located in districts along India's land borders,…
The Income Tax Department launched a nationwide verification on August 18 of suspicious foreign remittances, covering 394 entities and 36 professionals. The move follows data analysis and ground intelligence that showed entities…
