Rs 4 crore of cash, gold seized by IT


Kolkata, Apr 4 (IANS): After conducting reconnaissance in disguise for several days, Income Tax officials seized Rs 1.5 crore of unaccounted cash and 8 kg of gold worth Rs 2.63 crore from hawala operators here in West Bengal, an official said on Thursday.

"Based on credible inputs regarding suspicious activities of unaccounted cash and gold trading activities being carried out at Burra Bazar area and nearby places, our officials seized more than Rs 1.5 crore in cash and 8 kg of gold biscuits worth Rs 2.63 crore in two days from hawala operators and unaccounted gold traders," an IT official told IANS.

During the search and seizure operation, several incriminating physical and electronic evidences were seized, the official said.

IT officials have so far seized over Rs 28.77 crore of unaccounted cash, jewellery and bullion from West Bengal after the announcement of the Lok Sabha elections, the official said.

  

Top Stories


Leave a Comment

Title: Rs 4 crore of cash, gold seized by IT



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.