Reebok India under I-T Dept scanner

PTI Updated - December 07, 2021 at 01:07 AM.

reebok

In more trouble for Reebok India, the I-T department has launched a probe into its finances and has begun issuing notices to its executives after an alleged Rs 870-crore fraud case was detected by the company against two of its top officials.

The Gurgaon police has already constituted a Special Investigation Team (SIT) to probe the case.

The Income Tax department, which had earlier this month conducted a survey at the Gurgaon office of the sportswear manufacturer, recently collected additional financial documents including from some of those of the firm based in the country.

The I-T officials are also looking at the corporate structuring and financing of the company.

Published on May 24, 2012 16:33