
I-T finds bougus expenditure of Rs 1K cr during raids in Karnataka
[ad_1] New Delhi: The Income Tax Department on Tuesday said that they recently carried out a search and seizure operation at 16 different locations in a case involving some Cooperative Banks in Karnataka, which led to the recovery of valuable and incriminating documents, and the detection of Rs 1,000 crore bogus expenditure. An I-T official…