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Hero MotoCorp refutes report of false expense claims; terms it speculative

Shortpedia

Content Team
Image Credit: business standard

Two-wheeler market leader Hero MotoCorp has denied the report of the IT Department finding Rs 1,000 crore false expense claims, saying it is speculative. The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities and will continue to do so if required.