Udaipur: Income tax raid has been performed on the premises of a transport businessman in Udaipur. 50 kg gold and money price Rs 5 crore have been discovered within the businessman’s home. Documents of money earnings of greater than Rs 125 crore have additionally been seized. Income Tax Department raids had been performed in 6 cities of Rajasthan, Gujarat and Maharashtra.
Udaipur Golden Transport and Logistics Pvt. Ltd. The areas have been raided. During this time, detailed investigation will likely be executed from the account books of seized paperwork, money and gold and many others. The residence of director Tikam Singh Rao and his brother Govind Singh Rao was raided.
According to sources, a lot of the money earnings from transportation was invested. Investments are mentioned to be made in buy of luxurious autos, property and resort enterprise. The raid was performed by DGIT Inv. Renu began on the directions of Amitabh. Income tax raids might finish at the moment on Sunday.
Income tax raid on transport businessman’s premises in Udaipur
50 kg gold, money price Rs 5 crore present in businessman’s home, money price greater than Rs 125 crore…#RajasthanWithFirstIndia @IncomeTaxIndia @kotharivimal19 pic.twitter.com/AXcwO8Wa9h
— First India News (@1stIndiaNews) December 1, 2024
