Diabytes
It raid jalna News
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Search operation was conducted at the premises of two major groups involved in the preparation of steel TMT bars from August 3.
Income Tax Department has received information that business groups are evading taxes on a large scale.
Unaccounted cash worth Rs 58 crore and jewelery worth Rs 14 crore have been seized so far in the search operation.
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The Income Tax Department has seized 56 crore cash from a steel trader in Jalna, Maharashtra and the cash was so much that it took about 13 hours to count it. The raids started on August 3rd and is still going on.
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