IT Raids Fake Dairy & Oil Firms; Bogus Billing Suspected
Income Tax Department launched a major crackdown on 12 companies across Delhi, Rajasthan, and Uttar Pradesh suspected of fake billing in dairy, ghee, vegetable oil, and whey protein. Investigations revealed suspicious end-of-year transactions, round figures, and TDS irregularities, possibly involving crores of rupees. The probe follows FDA input on adulteration and may expand to other…