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Hero MotoCorp made over Rs 1,000 crore bogus expenses, IT search reveals
Updated : 4 years, 2 months ago IST
New Delhi [India], March 29 (ANI): The Income Tax Department has found that Hero MotoCorp made more than Rs 1000 crore bogus expenses and over Rs 100 crore cash transactions for a farmhouse in Chhattarpur, Delhi, sources told ANI.
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Hero MotoCorp shares dip 4 per cent on reports of I-T searches
Updated : 4 years, 2 months ago IST
New Delhi [India], March 23 (ANI): Share price of the country's largest two-wheeler maker Hero MotoCorp slumped by nearly 4 per cent on Wednesday after the Income Tax Department raided several premises linked to the senior management of the company, including its chairman and MD Pawan Munjal
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