The CBDT raided two people and said they were “handling the cash of others on commission basis.”
The Central Board of Direct Taxes (CBDT) said on Thursday that the Income Tax Department has seized more than 1.21 crore cash after raiding two people based in Kolkata.
Two persons based in the capital of West Bengal are “engaged in dealing with the cash of others on commission basis”, it said.
The search was conducted on the basis of intelligence gathered by the department. CBDT said in a statement, a total amount of unaccounted cash amounting to ₹ 121.50 lakh has been seized.
Voting will be held for the 294-member West Bengal Legislative Assembly in eight phases starting from March 27.
A letter from the editor
Dear reader,
We have been giving you information about the development of India and the world during these difficult times and the impact on our health and well-being, our lives and livelihoods. To enable a wider spread of news that is in the public interest, we have increased the number of articles that can be read free of charge, and extend the free trial period. However, we have a request for those who can afford to subscribe: please do. As we fight disinfection and misinformation, and are indifferent to events, we need to create more and more resources for news gathering operations. We promise to deliver quality journalism that stays away from vested interests and political propaganda.
Support quality journalism
A letter from the editor
Dear Customer,
Thank you!
Your support for our journalism is invaluable. It is an endorsement of truth and fairness in journalism. It has helped us to be inspired by events and happenings.
Morning Tidings has always stood for journalism that is in the public interest. In these difficult times, it becomes even more important that we have access to information that impacts our health and well-being, our lives and livelihoods. As a customer, you are not only the beneficiary of our work, but also its promoter.
We also reiterate the promise here that our team of journalists, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that shies away from vested interests and political propaganda.
Suresh Nambath
.
Leave a Reply