The Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses and over Rs 100- crore cash transactions for a farmhouse in Chhattarpur, Delhi.
Income Tax Department carried out a search and seizure operation on March 23 on Hero Motocorp and its chairman and managing director Pawan Munjal at multiple locations in Delhi-NCR, which concluded on March 26.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9606.85 |
| Hero MotoCorp | 5033.30 |
| TVS Motor | 3486.75 |
| Eicher Motors | 7108.00 |
| Ather Energy | 873.95 |
| View more.. | |
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