Hero MotoCorp IT Raid: Officials Report Bogus Unaccounted Expenses Worth Crores

In recent IT raids at Hero MotoCorp premises, officials seized unaccounted cash, documents, and other evidence of bogus purchases. As per IT officials, a farmhouse in Chhattarpur worth Rs 100 crore, accommodation entries amounting to Rs 1000 crore were found. Notably, IT searches were carried out at 40 premises of Hero MotoCorp Chairman Pawan Munjal, from March 23-26. Notably, the raids were carried out amid tax evasion allegations.