books
of accounts of BIPPL in FY 2016-17.
d. Round Tripping Transaction:
i. Identified round tripping transactions
form the bank accounts of BIPPL ... somehow avail
bank loans, to generate unaccounted
cash, to manage round tripping of funds
with respect to group Companies
businesses, for diversion of funds
amounting
designated city in India, the applicant is providing free (round-trip) tickets; it would, therefore, fall under clause (Q) of sub-section ... only. In the instant case providing free air tickets for the round-trip, the first sector (from the home State of employees to the designated
that this
is a case where the department could prove the round tripping of funds and that the
shares were ultimately purchased at low prices ... none of the case-law
cited, such proof of this round tripping of funds, issual of share capital at a particular
rate and thereafter purchasing
settle the debt
of Respondent No. 2 is an act of round tripping with the funds of the borrower that
Comp ... behalf of the Appellant
also submitted that the issue of round tripping is not pleaded in the application
and now Respondent No. 2 has also
settle the debt
of Respondent No. 2 is an act of round tripping with the funds of the borrower that
Comp ... behalf of the Appellant
also submitted that the issue of round tripping is not pleaded in the application
and now Respondent No. 2 has also
settle the debt
of Respondent No. 2 is an act of round tripping with the funds of the borrower that
Comp ... behalf of the Appellant
also submitted that the issue of round tripping is not pleaded in the application
and now Respondent No. 2 has also
settle the debt
of Respondent No. 2 is an act of round tripping with the funds of the borrower that
Comp ... behalf of the Appellant
also submitted that the issue of round tripping is not pleaded in the application
and now Respondent No. 2 has also
nothing on record to suggest that there has been a
round tripping of funds of the appellant and that the funds originated
from the appellant ... nothing on record to suggest that there has been a
round tripping of funds of the appellant and that the funds originated
from the appellant
that the AO has dealt in length with regard to
the round tripping of the funds and has given a categorical
finding that the Company ... Company and from the Company to the conduits. Such round
tripping of the funds was clearly fraudulent which shows no
intention of genuine capital infusion
Advance Authorizations by indulging into Circular trading and Smuggling of GOLD,
Round-tripping, Duty-evasion, and Trade Mis-invoicing. The DRI has issued Show ... financial crimes such as circular
trading and smuggling of GOLD, round-tripping, duty-evasion, and Trade Mis-
invoicing.
The repeated RTI applications by the applicant
