I-T dept conducts searches against bullion traders in Bengaluru

PTI, Oct 13, 2023, 5:36 PM IST

The Income Tax Department has conducted searches against a number of jewellery and bullion traders in Bengaluru as part of a tax evasion probe against them, official sources said on Friday.

The raids that were launched on Thursday were underway and the department has made some seizures that include ”incriminating” documents, some entries made on notesheets and cash.

The official sources, however, did not disclose the exact amount of cash seized and other proofs unearthed by the I-T teams.

Officials said they were investigating if any cash was being moved from here to the neighbouring poll-bound state of Telangana.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Kalaburagi: GP president hacked to death in broad daylight

Hebri chain snatching case: Accused held within 2 days, stolen gold recovered

Related Articles More

Siddaramaiah says confident of winning all three bypolls in Karnataka

Hop on! IT Minister Priyank Kharge checks out Uber Shuttle at Bengaluru Tech Summit

AIMPLB to hold its annual general sessions in Bengaluru from November 23

100 engineering colleges in Karnataka to be ‘adopted’ by corporates by next year: IT Minister Kharge

Siddaramaiah defends BPL ration card cancellation, says only ineligible beneficiaries affected

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation

Latest Additions

Siddaramaiah says confident of winning all three bypolls in Karnataka

Hop on! IT Minister Priyank Kharge checks out Uber Shuttle at Bengaluru Tech Summit

Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’

Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial