Highlights

  • Record cash haul in IT raids
  • Over ₹300 cr recovered in 5 days
  • Properties of Congress MP searched

Latest news

BJP releases first list of 195 candidates: Modi from Varanasi, Amit Shah from Gandhinagar

BJP releases first list of 195 candidates: Modi from Varanasi, Amit Shah from Gandhinagar

Taylor Swift pens two songs inspired by ‘Love Story’ with Travis Kelce

Taylor Swift pens two songs inspired by ‘Love Story’ with Travis Kelce

FIFA rules panel scraps plan for blue cards; idea was to send players to ''sin bin''

FIFA rules panel scraps plan for blue cards; idea was to send players to ''sin bin''

Kim Taehyung aka V of BTS checks on ARMYs, asks ‘you haven’t forgotten me, right?’

Kim Taehyung aka V of BTS checks on ARMYs, asks ‘you haven’t forgotten me, right?’

Shiv Sena MLA Sanjay Gaikwad beats man with police lathi | Watch

Shiv Sena MLA Sanjay Gaikwad beats man with police lathi | Watch

CSK training camp ahead of IPL 2024 gets underway

CSK training camp ahead of IPL 2024 gets underway

After Gambhir, Jayant Sinha announces exit from Lok Sabha polls

After Gambhir, Jayant Sinha announces exit from Lok Sabha polls

Pakistan-bound ship stopped in Mumbai over suspected nuclear programme consignment

Pakistan-bound ship stopped in Mumbai over suspected nuclear programme consignment

Cash haul in IT raids linked to Congress MP crosses Rs 300-crore mark

The cash seizure in the income-tax department's searches against an Odisha-based distillery company has crossed 300 crore rupees, according to a PTI report. 

Cash haul in IT raids linked to Congress MP crosses Rs 300-crore mark

The cash seizure in the income-tax department's searches against an Odisha-based distillery company has become the "highest-ever" such haul in a single action conducted by any probe agency in the country and gone past Rs 300 crore, official sources said on Sunday.

The marathon raids against Boudh Distillery Private Limited, its promoters and others entered the fifth day on Sunday. The raids were launched on December 6 by the taxman on charges of tax evasion and "off-the-book" transactions.

The sources told PTI that cash to the tune of more than Rs 300 crore has been counted till now and the counting is still on.

The department believes that the entire cache of currency is "unaccounted" money earned from cash sales of country liquor by the business group, distributors and others.

This is the highest-ever cash seizure made by an agency in the country as part of an action against a single group and entities linked to it, the sources had said.

Some of the high-value seizures in the past include one from 2019 when the GST Intelligence raided a Kanpur-based businessman and seized cash amounting to Rs 257 crore and another instance where cash amounting to Rs 163 crore was unearthed by the I-T department during searches against a road construction firm in Tamil Nadu in July 2018.

The department is also recording the statements of the executives and other staff who were present at the searched locations and will soon issue summonses to the main promoters of the company for recording their statements.

The premises of Congress's Rajya Sabha MP from Jharkhand, Dhiraj Prasad Sahu, in Ranchi and other places were also covered during the searches by the department. It was not clear what amount of cash and other documents were seized from Sahu's house.

The company and the MP did not respond to PTI's queries regarding the action being carried out against them.

Union Tourism Minister G Kishan Reddy sought to know on Sunday why Congress leader Rahul Gandhi is silent on the seizure of crores of rupees from premises allegedly linked to his party MP during these I-T department searches.

Karnataka Chief Minister Siddaramaiah accused the Centre of targeting only the Congress and not the BJP, in the wake of this huge cash seizure.


Up Next

Cash haul in IT raids linked to Congress MP crosses Rs 300-crore mark

Cash haul in IT raids linked to Congress MP crosses Rs 300-crore mark

BJP releases first list of 195 candidates: Modi from Varanasi, Amit Shah from Gandhinagar

BJP releases first list of 195 candidates: Modi from Varanasi, Amit Shah from Gandhinagar

Shiv Sena MLA Sanjay Gaikwad beats man with police lathi | Watch

Shiv Sena MLA Sanjay Gaikwad beats man with police lathi | Watch

Pakistan-bound ship stopped in Mumbai over suspected nuclear programme consignment

Pakistan-bound ship stopped in Mumbai over suspected nuclear programme consignment

After Gambhir, Jayant Sinha announces exit from Lok Sabha polls

After Gambhir, Jayant Sinha announces exit from Lok Sabha polls

‘Won’t leave this time’: Bihar CM Nitish Kumar's assurance cracks up PM Narendra Modi

‘Won’t leave this time’: Bihar CM Nitish Kumar's assurance cracks up PM Narendra Modi

More videos

This kind of delisting cannot be permitted: Ashwini Vaishnaw summons Google for meeting

This kind of delisting cannot be permitted: Ashwini Vaishnaw summons Google for meeting

Spanish woman gang-raped in Jharkhand, 3 arrested

Spanish woman gang-raped in Jharkhand, 3 arrested

Bengaluru blast: CM Siddaramaiah meets victims, says suspect will be caught easily

Bengaluru blast: CM Siddaramaiah meets victims, says suspect will be caught easily

'NDA sarkar, 400 paar': PM Modi at Bengal rally

'NDA sarkar, 400 paar': PM Modi at Bengal rally

Northern lights in Ladakh: Scientists decode aurora effect in India

Northern lights in Ladakh: Scientists decode aurora effect in India

Bengaluru cafe blast: woman who suffered burns undergoes plastic surgery

Bengaluru cafe blast: woman who suffered burns undergoes plastic surgery

BJP MP Gautam Gambhir to quit politics to focus on cricket

BJP MP Gautam Gambhir to quit politics to focus on cricket

Bengaluru cafe blast | masked suspect seen with bag in CCTV: reports

Bengaluru cafe blast | masked suspect seen with bag in CCTV: reports

Nitin Gadkari sends legal notices to Mallikarjun Kharge, Jairam Ramesh for defamation

Nitin Gadkari sends legal notices to Mallikarjun Kharge, Jairam Ramesh for defamation

CM Sukhu calls rebels 'black serpents', also makes placatory moves as Himachal crisis simmers

CM Sukhu calls rebels 'black serpents', also makes placatory moves as Himachal crisis simmers

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.