Surat: IT dept raids former tea seller's office, seizes Rs 400 crores cash
ED also seized Rs 30 lakh, of which Rs 18 lakh were in new notes and 2.5 kg gold from the premises of a tailor in Mohali and Chandigarh.
By : DC Correspondent
Update: 2016-12-18 02:40 GMT
Surat (Gujarat): The Income Tax Department on Saturday raided the premises of city-based tea seller-turned-financier Kishore Bhaijyawala and seized cash worth approximately Rs 400 crores, including cash, bullion, jewellery and property papers from his possession.
The IT search was on on Bhajiyawala's premises by the time of filing this report.
Meanwhile, the Enforcement Directorate (ED) seized Rs. 30 lakh, of which Rs. 18 lakh were in new currency notes and 2.5 kg gold from the premises of a tailor in Mohali and Chandigarh.