Live
- Industrial parks to be set up in every constituency
- Edu institutions to receive fee reimbursement soon
- SP orders speedy disposal of PGRS petitions
- 11 get placement after completing CPBFI
- Balineni dares Chevireddy for an open debate
- SRM hosts IRIS-2024 summit
- Make AP solar hub: CM
- Pakistan Protests: PTI Supporters March Towards Islamabad, Demanding Imran Khan's Release
- Additional Collector Conducts Surprise Visit to Boys' Hostel in Wanaparthy
- Punjab hikes maximum state-agreed price for sugarcane, highest in country
Hyderabad: I-T dept seizes Rs 66 lakh in new notes
The Income Tax department has seized Rs 66 lakh cash, all in new Rs 2000 notes, as part of the anti-black money crackdown operations in the city here.
The Income Tax department has seized Rs 66 lakh cash, all in new Rs 2000 notes, as part of the anti-black money crackdown operations in the city here. The first incident, that occurred on the night of December 16, was reported at the Telugu Academy in Himayatnagar when an I-T team intercepted few people who ran into a nearby apartment on seeing the team.
"Search of the apartment led to recovery of Rs 36 lakh cash, all in Rs 2000 denomination. Sources of the cash are being probed into," I-T sources said. In the second incident in the same city on December 17, department investigators along with police intercepted a speeding Honda Activa in the Tank Bund area.
"Cash of Rs 30 lakh in Rs 2000 denomination was found with two persons.The case is being probed," they said. The sources added that these two interceptions were made in the city as part of taxman's anti-black money probe post demonetization.
