Polycab India’s stock fell 22% when the IT department discovered Rs 1,000 crore in unreported cash sales.
SEO Meta Description: Learn about the startling discoveries that caused Polycab India’s shares to fall 22% as a result of undeclared cash transactions of Rs 1,000 crore. Examine the conclusions of the Finance Ministry and the fallout from the income tax department’s investigation to establish a network of tax evasion and mysterious transactions. Introduction Following…