Скачать или смотреть Polycab India Shares Tank 22%: Why IT Department Raided Offices? | Polycab India Stock |Stock Market

Shares Of Polycab India Plunged 22% On Jan 11 after Income Tax Dept Found ‘unaccounted Cash Sales’ Of Rs 1,000 Cr. The IT Dept Searched Company Officer On Jan 10. CBDT said that ‘Credible Evidence’ Was Recovered During Search. The Officials Covered 50 Premises Of The Company In Various Locations. A Distributor, Acting On Behalf Of The Company, Made Unaccounted Cash Payments Of Over Rs 400 Cr, said IT dept. Discovered ‘non-Genuine’ Expenses Worth Rs 100 Cr, they added. Watch to know more.

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