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IT raids at pharma Co's premises in Delhi-Haryana, Rs 25 crore of Hawala cash receipts recovered
It was also found that the cash generated through unaccounted cash sales was allegedly invested in purchase of immovable properties, and in expansion of manufacturing facilities of pharmaceutical medicines.
New Delhi: Income Tax Department has conducted searches on pharmaceutical manufacturers and distributors in Haryana and Delhi-NCR and claimed to have seized cash of Rs 4.2 crore and jewellery or bullion worth Rs 4 crore, an official statement said on Friday.The search and seizure operations, conducted on June 29, 2022, on a group engaged in the business of manufacturing and distribution...
New Delhi: Income Tax Department has conducted searches on pharmaceutical manufacturers and distributors in Haryana and Delhi-NCR and claimed to have seized cash of Rs 4.2 crore and jewellery or bullion worth Rs 4 crore, an official statement said on Friday.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751