Income Tax department searches Uflex offices across 64 locations

Around 60-70 premises, including the company offices and linked premises in Delhi, Noida (Uttar Pradesh), Jammu and Kashmir, Gujarat, West Bengal, Tamil Nadu, Karnataka, are being covered, they said.

ANI
New Delhi: The income-tax department on Tuesday conducted searches at 64 locations related to packaging company Uflex across the country, including its Noida office.

The search operation is linked to alleged tax evasion by the company by using fake bills to "inflate expenditure and suppress income to evade tax", officials from the department said.

The searches covered locations in several states including Delhi, Gujarat, West Bengal, Tamil Nadu, Karnataka, Jammu and Kashmir, and Uttar Pradesh, they said.


The company did not respond to ET queries till press time Tuesday.

Officials said the search operation is still on and the tax officials have collected much digital evidence, which will be examined in detail.
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