Last week, the Income Tax Department announced that it raided Polycab for evading tax. Who exactly did Polycab defraud here? A fun read
Link: https://boringmoney.in/p/polycab-may-have-done-some-tax-fraud
TLDR:
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The ITD raided Polycab's offices, factories, even distributors for tax fraud. It said it found a bunch of unaccounted sales that were done in cash
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When th...