Income tax raid on transport businessman’s premises, 50 kg gold present in businessman’s home

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    Udaipur: Income tax raid has been carried out 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 revenue of greater than Rs 125 crore have additionally been seized. Income Tax Department raids had been carried out in 6 cities of Rajasthan, Gujarat and Maharashtra.

    Udaipur Golden Transport and Logistics Pvt. Ltd. The places have been raided. During this time, detailed investigation shall be carried out from the account books of seized paperwork, money and gold and so forth. The residence of director Tikam Singh Rao and his brother Govind Singh Rao was raided.

    According to sources, many of the money revenue from transportation was invested. Investments are stated to be made in buy of luxurious autos, property and lodge enterprise. The raid was carried out by DGIT Inv. Renu began on the directions of Amitabh. Income tax raids might finish right this moment on Sunday.





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