Income Tax raids in the Hero MotoCorp.
At multiple premises linked to the top officials of Hero MotoCorp, the Income Tax (IT) Department conducted searches. They also conducted the searches including the promoter Pawan Munjal.
They search at the residence and also in the office in Gurugram in the morning on 23rd March. The premise that are linked to the other top officials two wheeler company Hero MotoCorp are also being searched by the It department.
The income tax raids at 45 premises across Delhi-NCR, Chandigarh, Ludhiana, Lucknow and Indore of a leading North India’s real estate firm which led to the seizure of jewellery worth Rs.5 crore and unaccounted cash of more than Rs.25 crore.
