Uflex group - Latest News Update, Information, Photos & Videos on Uflex group at Lokmat Times

Noida, Feb 27 Income Tax (I-T) Department raids on the premises of packaging company Uflex have concluded after six days.Tonnes of documents, 120 hard disks and 50 diaries containing information related to bogus transactions have been recovered during the raids that were being carried out at more than 80 locations of the Uflex Group in eight states, from February 21.During the investigation, the I-T Department detected irregularities of about Rs 1,500 crore and seized documents related to bogus transactions worth Rs 1,000 crore.The officials also found information regarding more than 60 shell companies being run under the names of people of eight families belonging to the economically weaker section of the society, that had been engaged in the transfer of more than Rs 1,000 crore to different accounts.The Department has sealed 28 lockers belonging to Uflex Group and its officials in different cities.I-T officials have seized more than Rs 3 crore in cash during the entire operation, a team of more than 900 members had been deployed by the Department in the same.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Uflex GroupFOLLOW

Uflex group, Latest News

National :I-T concludes raids at Uflex premises after 6 days

Noida, Feb 27 Income Tax (I-T) Department raids on the premises of packaging company Uflex have concluded after ... ...