IT officials raid steel manufacturers in Jalna: Came as Baraatis
An innovative working on the Raid wing (DI) of the Income Tax department is unparalleled. Recent one is the raid in Jalna wherein IT official moves in a car titled as “Rahul Weds Anjali” and the team could be presumed as Barati by everyone.
Let us have a short glimpse of the raid:
- The Income Tax department has recovered an undisclosed wealth of more than Rs 300 crore during an eight-day raid (between August 1 and August 8) at the premises of a Jalna-based group, which deals in cloth, steel, and real estate businesses.
- The raid was conducted at three rolling mills in the new Maharashtra Industrial Development Corporation (MIDC) and financial transactions related to them.
- The investigating team initially could not find anything amiss. They then received a tip-off of illegal cash at a farmhouse. About half of the cash was recovered from the farmhouse.
- Rest of the cash was recovered at 3 factory workers’ residences. The department has totally found Rs 56 crore in cash, 32 kilograms of gold, pearls, diamonds, and property papers from there.
- The investigating team came disguised as wedding guests in 120 cars, so that no one could identify them, on their way for the raid.