IT Department raid on PWD workers for hoarding cash

Updated:9 months, 3 weeks ago IST

Bengaluru, Apr 26 (ANI): The Income Tax Department carried out a raid in Bengaluru in connection with the cash hoarders. The search operations have been conducted on some prominent PWD contractors, who were awarded contracts recently in the period between January to March this year. The searches have led to unearthing and seizure of Rs 6.76 crore in cash, mainly from the benami lockers detected during the searches. The cash was found to be in the denominations of Rs 2000/and Rs 500. Some of the searched assesses were found to be not maintaining books of account.

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