I-T dept finds Rs 26 crore ‘unaccounted’ cash after raids at Nashik-based jewellery company
PTI, May 27, 2024, 9:08 AM IST
![](https://www.udayavani.com/wp-content/uploads/2024/05/cash-ata-jewellers-ANI-620x465.jpg)
image credit: ANI / X
Nashik: The Income Tax Department has seized about Rs 26 crore ”unaccounted” cash following raids carried out at a jewellery company based in Maharashtra’s Nashik, official sources said Sunday.
The searches were launched following inputs regarding alleged tax evasion by the jewellery company and its promoters, the sources said.
About Rs 26 crore in cash has been seized till now during the searches, they said, adding that some ”incriminating” documents related to alleged undisclosed investments have also been found by the search teams and are being scrutinised.
In a similar action, the department had seized Rs 57 crore in cash during raids at an Agra-based (Uttar Pradesh) shoe trader and some linked entities last week.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
‘Surat’ to join India’s naval arsenal, Navy shares pictures
![](https://www.udayavani.com/wp-content/uploads/2024/06/akhilesh-yadav-1200-2-150x83.jpg)
Akhilesh Yadav targets Modi govt over irregularities in competitive exams
![](https://www.udayavani.com/wp-content/uploads/2024/06/train-2-1-150x78.jpg)
Gujarat: Loco pilot halts goods train instantly after seeing 10 lions on the tracks; earns praise
![](https://www.udayavani.com/wp-content/uploads/2024/06/baby-feet-crispr-shutterstock-752024269-150x84.jpg)
Helped by female staff, pregnant woman gives birth to baby in bus station
![](https://www.udayavani.com/wp-content/uploads/2024/06/rahul-16-127x115.jpg)
Ensure complete transparency of EVMs or abolish them: Rahul Gandhi to EC
MUST WATCH
Latest Additions
‘Surat’ to join India’s naval arsenal, Navy shares pictures
![](https://www.udayavani.com/wp-content/uploads/2024/06/akhilesh-yadav-1200-2-150x83.jpg)
Akhilesh Yadav targets Modi govt over irregularities in competitive exams
![](https://www.udayavani.com/wp-content/uploads/2024/06/train-2-1-150x78.jpg)
Gujarat: Loco pilot halts goods train instantly after seeing 10 lions on the tracks; earns praise
![](https://www.udayavani.com/wp-content/uploads/2024/06/Yedi_571_855-150x100.jpg)
POSCO case: CID questions former Karnataka CM Yediyurappa for three hours
![](https://www.udayavani.com/wp-content/uploads/2024/06/bjp-flag-1-150x113.jpg)
BY Vijayendra blames Congress’ ‘mishandling’ for state’s ‘financial woes’
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.