https://www.moneycontrol.com/news/business/stocks/i-t-dept-conducts-search-on-lux-industries-in-suspected-rs-200-crore-tax-evasion-shares-drop-over-3-11409971.html
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The I-T department has reportedly alleged a tax evasion of Rs 200 crore by the company. The search is underway in multiple cities at premises linked to the company including Kolkata.
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