Kolkata IT Dept Seizes Rs 121.5 Lakh Unaccounted Cash

Quick Summary

The Income Tax Department conducted a search and seizure operation in Kolkata on 10th March 2021. The operation targeted two individuals who handle cash for others on a commission basis. Intelligence gathered by the department led to the action, resulting in the seizure of Rs 121.50 lakh in unaccounted cash. Further investigations are ongoing.

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.

Kolkata IT Dept Seizes Rs 121.5 Lakh Unaccounted Cash

Further investigations are in progress.

FAQ :

The Income Tax Department conducted the search and seizure operation on 10th March 2021.

The search operation targeted two separate persons based in Kolkata who are engaged in handling of cash of others on a commission basis.

The search was carried out based on intelligence gathered by the Department.

A total of Rs 121.50 lakh in unaccounted cash was seized.

No, further investigations are in progress.

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