IT dept unearths income worth Rs 2.5 cr
Economic Times, India
CHANDIGARH: Income Tax sleuths conducted raids at two city-based retail garment stores and discovered an undisclosed income of Rs 2.5 crore, besides recovering unaccounted cash of over Rs 50 lakh.
The raids at retail garment outlets housed in eleven premises were conducted yesterday by the Investigation Wing of the IT department, official sources said.
The department has also sealed few bank lockers of the two parties during this operation, they said. Read more about IT dept unearths income worth Rs 2.5 cr …