Don’t miss the latest developments in business and finance.

Rs 83 lakh seized by IT officials in Kolkata

Image
Press Trust of India Kolkata
Last Updated : Mar 28 2014 | 9:20 PM IST
The Income Tax department has seized Rs 83 lakh in unaccounted cash from a cloth merchant in the metropolis.
After getting inputs, an IT team raided the merchant's shop in Barabazar yesterday and also caught inland money couriers, H N Singh, nodal officer of Income Tax for election expenses monitoring, told PTI here.
He said that it was not yet established whether the money was being sent for any electoral purpose.
In Siliguri, a static surveillance team of the district election officer seized Rs 10 lakh from a checkpost, officials said.
The IT department has opened a 24x7 control room and deputed flying squads to restrict movement of undisclosed cash and bullion for polls ahead of the Lok Sabha elections.

More From This Section

First Published: Mar 28 2014 | 9:20 PM IST

Next Story