November 05, 2024 19:12 (IST)
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IT Dept busts app-based instant loan company that illegally transferred Rs 500 cr outside India

IT Dept busts app-based instant loan company that illegally transferred Rs 500 cr outside India

New Delhi/IBNS: The Income Tax Department during raids in Delhi and Gurgaon (Haryana) on November 9 has found that an app-based instant loan company has repatriated Rs 500 crore "non-genuine" funds overseas,the CBDT said on Wednesday.