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Income Tax department scanning laptops, email records of Reebok top honchos

Posted Date : 25-May-2012 , 08:17:54 am | Posted By CASANSAAR print Print

The Income Tax (I-T) department is scanning laptops and computersof top executives of Reebok India, including their email records, to find out details of the alleged financial irregularities. 

On May 2, a team of I-T officials raided Gurgaon office of the sportswear giant and seized accounts and sales documents. Refusing to divulge the content of the emails, sources said that I-T teams were checking invoices of sales and discounts. 

In the FIR registered with the Gurgaon police, Shahin Padath, director of Reebok India, has charged former MD, Subhinder Singh Prem and former COO, Vishnu Bhagat of fraud. It's also alleged that the former MD and COO had secretively stored products in a Delhi warehouses for several years. (Times of India)

Category : Income Tax | Comments : 0 | Hits : 326

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