Enforcement Directorate today conducted multiple searches against tax professionals and chartered accountants in Delhi in connection with an operation to unearth black money being generated using shell companies. <br/><br/>Officials sources said the ED teams searched premises of these professionals in Karol Bagh, Laxmi Nagar, Model Town, Azadpur, Dilshad Garden and few other areas as part of their probe in the generation of alleged stash funds to the tune of thousands of crores. <br/><br/>The agency carried out the raids as part of its mandate to check money laundering and hawala like transactions by usage of shell firms.
News On AIR | April 13, 2017 5:38 PM
Black money: ED conducts searches on CAs, tax professionals in Delhi