Matt Fitzpatrick, who found a bullseye hit on the tricky, 87-yard shot into the wind, beat Tom 'Joohyung' Kim, about whom Woods was gushing while talking about new heroes in world golf.

New Delhi Mar 31 PTI The Income Tax Department has found alleged illegal business expenses of over Rs 800 crore Rs 60 crore unaccounted cash used to purchase land in Delhi and role of some shell companies after it raided Hero Motocorp and two other groups officials said on ThursdayThe raids were launched on March 23 and the countrys largest two-wheeler maker had then said it was extending full cooperation to the tax authorities who visited its offices in Delhi and nearby Gurugram apart from the residence of its chairman and CEO Pawan MunjalThe CBDT issued a statement saying the operation was carried out on a leading automobile manufacturer group along with a company operating chartered flights and a real estate group of Delhi-NCR covering more than 35 premisesIncriminating documents and digital evidence have been found and seized indicating that the expenses ostensibly shown to have been claimed towards business purposes are not fully supported by evidencesExpenditure aggregating to more than Rs 800 crore has been booked in the guise of purchase of services from a specific event management entity the policy-making body for the tax department saidThis entity it said has siphoned off the money by way of layeringSuch claims towards non-business purposes are inadmissible expenditure under the provisions of the Income-tax Act the CBDT saidIt was also found that 10 acres of farm land in Delhi was purchased through a few paper companies it saidIn such transactions unaccounted cash component of over Rs 60 crore was purportedly involvedThe ultimatereal beneficiary of the land deal is a prominent person of the automobile manufacturer groupThe intermediary who facilitated the said deal has admitted in his statement that major part of the sale consideration was paid in cash the statement saidThe officials said this action was carried out against Hero Motocorp and Pawan MunjalWhile a statement from the company on the CBDT statement is awaited it had said in a regulatory filing on Tuesday that it was a law-abiding corporate with robust internal financial controls and its financial statements are duly auditedIn the case of the real estate business entity the CBDT said several incriminating documents have been unearthed from the premises of persons involvedThese contain records of on-money cash transactions where cash was being received in lieu of sale of units in their various real estate projects across Delhi it saidIn the case of the company operating chartered flights the statement said evidence related to booking of bogus expenses and non-recognition of income totalling to over Rs 50 crore rotation of funds and suspicious loans through a dubious NBFC non banking financial company floated by a key person layering and re-routing of funds through paper companies and claiming bogus interest expenses etc were unearthedIt said undisclosed cash worth more than Rs 135 crore has been seized and jewellery over Rs 3 crore has been kept provisionally under restraint PTI NES MSS IJT

New Delhi [India], March 29 (ANI): The Income Tax Department has found that Hero MotoCorp made more than Rs 1000 crore bogus expenses and over Rs 100 crore cash transactions for a farmhouse in Chhattarpur, Delhi, sources told ANI.

New Delhi Mar 23 PTI The Income Tax Department on Wednesday conducted raids at multiple premises of Hero Motorcorp as part of a tax evasion investigation against the countrys largest two-wheeler automobiles manufacturer officials saidThe company called it a routine inquiry which is not uncommon before the end of the financial yearOffices and residential premises of the company including that of chairman and CEO of the group Pawan Munjal located in Gurugram Haryana Delhi and few other locations were being covered they saidA team of officials of the department are looking at financial documents and other business transactions of the company and its promoters they said Officials from the Income Tax Department visited two of our offices in Delhi and Gurugram and the residence of our Chairman CEO Dr Pawan Munjal on Wednesday We have been informed that this is a routine inquiry which is not uncommon before the end of the financial year the company said in a statementIt said Hero MotoCorp is an ethical and law-abiding corporate and maintains the highest standards of impeccable corporate governance In keeping with this philosophy we are extending our full cooperation to the authorities We reassure all our stakeholders that it continues to be business as usual the statement saidHero MotoCorp became the worlds largest two-wheeler manufacturer in 2001 in terms of unit volume sales in a calendar year and has maintained the title for the past 20 consecutive yearsTill date it has sold over 100 million units across domestic and international markets Led by Pawan Munjal the company has presence across 40 countries spanning Asia Africa and South and Central America The company continues to have a leading position in the domestic two-wheeler segment PTI NES MSS TIR TIR

अहमदाबाद : हीरो मोटोकॉर्प के चेयरमैन एवं सीईओ पवन मुंजाल ने रविवार को कहा कि प्रौद्योगिकी दिग्गजों का अगला समूह भारत में तैयार होगा और पूरी दुनिया को यह दिखाने का सही समय है। मुंजाल ने मुख्य अतिथि के रूप में भारतीय प्रौद्योगिकी संस्थान, गांधीनगर के 10वें दीक्षांत समारोह को संबोधित करते हुए स्नातक छात्रों […]