Quick Summary
IT Department is conducting search operation on prominent business group of Chennai having varied business activities. About 60 premises being covered across TN, Karnataka, AP & Maharashtra. More than Rs.7 crore of unaccounted cash found from key-person so far. Search is still in progress.
FAQ :
The Income Tax Department is conducting a search operation on a prominent business group based in Chennai.
Around 60 premises are being covered in the search operation.
The search operations are taking place across Tamil Nadu, Karnataka, Andhra Pradesh, and Maharashtra.
Yes, more than £7 crore of unaccounted cash has been found from a key person so far.
No, the search operation is still in progress.
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