Rs 184 Crore Black Money Found After Income Tax Raids On Mumbai Realtor
NDTV
The searches were launched on October 7 at 70 premises in Mumbai, Pune, Baramati, Goa and Jaipur.
The Income Tax Department detected unaccounted income of about Rs 184 crore after it recently raided two real estate business groups of Mumbai and some family members of Maharashtra Deputy Chief Minister Ajit Pawar, sources said on Friday.
The searches were launched on October 7 at 70 premises in Mumbai, Pune, Baramati, Goa and Jaipur, the Central Board of Direct Taxes (CBDT), the policy making body for the tax department, said in a statement.
"The evidence gathered during the search has revealed several prima-facie unaccounted and benami transactions," it said.
"Incriminating documents, evidencing unaccounted income of about Rs 184 crore of the two groups have been found," the statement said without naming the entities involved.
