Income Tax Department raids Surana Jewellers in Nashik over alleged undisclosed transactions by the proprietor

The Income Tax Department has recovered ₹26 crore in cash and documents of unaccounted wealth worth ₹90 crore in a raid on Surana Jewellers in Nashik.

Published26 May 2024, 11:26 AM IST

About <span class='webrupee'>₹</span>26 crore in cash and documents of unaccounted wealth worth <span class='webrupee'>₹</span>90 crore have been seized in raids carried out by the I-T Department — About ₹26 crore in cash and documents of unaccounted wealth worth ₹90 crore have been seized in raids carried out by the I-T Department(ANI)

The Income Tax (I-T) Department launched a raid on Surana Jewellers in Nashik, in response to alleged undisclosed transactions by the proprietor on May 26, as per an ANI report.

About ₹26 crore in cash and documents of unaccounted wealth worth ₹90 crore have been seized in raids carried out by the I-T Department, it added.

This is a breaking story, more updates are awaited…

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First Published:26 May 2024, 11:26 AM IST

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