The seizure of “unaccounted" cash in the Income Tax department raids on Odisha-based distillery group and its linked entities is expected to reach Rs 290 crore, which would make it the “highest-ever” black money haul by any agency in one single operation, official sources said on Saturday (December 9). The tax department has put to work nearly 40 large and small machines to count currency notes and brought in more department and bank staffers to finish the counting process, which began on December 6 following raids against Boudh Distillery Pvt Ltd and others, they said.
Odisha cash haul poised to be ‘highest-ever’ with Rs 290 crore seizure as I-T intensifies crackdown
December 09, 2023
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The seizure of “unaccounted" cash in the Income Tax department raids on Odisha-based distillery group and its linked entities is expected to reach Rs 290 crore, which would make it the “highest-ever” black money haul by any agency in one single operation, official sources said on Saturday (December 9). The tax department has put to work nearly 40 large and small machines to count currency notes and brought in more department and bank staffers to finish the counting process, which began on December 6 following raids against Boudh Distillery Pvt Ltd and others, they said.
