IT Department conducts searches in Kolkata resulting in seizure of total unaccounted cash amounting to Rs.121.50 lakh

Last updated: 17 April 2021 Follow on Google News

The Income Tax Department carried out search and seizure operation on 10.03.2021 on two separate persons based in Kolkata, who are engaged in handling of cash of others on commission basis. The search was carried out based on intelligence gathered by the Department.

The search action has resulted in seizure of total unaccounted cash amounting to Rs.121.50 lakh.

IT Department conducts searches in Kolkata resulting in seizure of total unaccounted cash amounting to Rs.121.50 lakh

Further investigations are in progress.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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