Cable and wire manufacturer Polycab India reiterated Thursday that it has not received any written communication from the Income Tax Department regarding the outcome of the searches carried out on its premises in December.
This came a day after the I-T Department issued a statement, without naming the company, regarding the searches carried out at 50 premises of Polycab in December that resulted in detection of alleged unaccounted cash sales of around Rs 1,000 crore.
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