The Income Tax Department raided 23 areas of transport businessmen in Udaipur, Rajasthan for 4 days. During this, officers discovered 50 kg gold, Rs 5 crore money and revenue associated paperwork value crores. The identify of this transport businessman is Tikam Singh Rao. Tikam Singh Rao is a well known businessman of Udaipur.
Tikam Singh has an organization named Golden Transport and Logistics Private Limited. The Income Tax Department performed this raid on this firm. Apart from this, the Income Tax Department additionally raided completely different areas of Tikam Singh Rao. Huge undisclosed wealth has been recovered within the raids performed on corporations in Udaipur, Jaipur, Banswara, Gujarat and Maharashtra.
50 kg gold present in locker
About 50 kg gold was discovered from Tikam Singh Rao’s residence and locker in Udaipur, out of which the group seized 45 kg gold. 5 crore money was discovered, out of which 4 crore money has been seized. The Income Tax Department had obtained details about the transport firm transporting money items with out payments and payments. On this the group raided completely different locations.
Simultaneous raid on 23 areas
Teams with greater than 250 staff of the Income Tax Department raided 23 areas throughout the nation and performed a search operation. During this time, aside from jewelry, money and paperwork of money revenue, the groups additionally discovered many lockers. Raids have been performed at 19 areas in Udaipur. The Income Tax Department raided one place in Jaipur, three locations in Banswara, two locations in Gujarat and one place in Mumbai. The Income Tax Department is looking for out from which revenue this a lot property was acquired and the place are its paperwork. The officers have taken the corporate paperwork with them. The officer says that the proprietor and the involved officers of the corporate can even be interrogated.
