Quick Summary
In a historic operation, the Income Tax Department conducted its largest-ever cash seizure last December, recovering a staggering Rs 352 crore from an Odisha-based distillery group. This significant operation, led by Principal Director of Income Tax Investigation SK Jha and Additional Director Gurpreet Singh, earned national recognition and accolades from Finance Minister Nirmala Sitharaman on August 21, 2024. The raid, which took place in December 2023, was meticulously planned and executed ov
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FAQ :
The Income Tax Department seized a total of Rs 351.8 crore in cash.
The raid was conducted in December 2023.
The operation targeted an Odisha-based distillery group.
The operation was meticulously planned and executed over 10 days.
The team was awarded the 'CBDT Certificate of Excellence' on August 21, 2024, and commended by Finance Minister Nirmala Sitharaman.
The department is intensifying efforts to recover outstanding tax demands, monitoring 5,000 cases with Rs 43 lakh crore in tax liabilities.
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