In a joint raid, Income Tax department and Delhi police on Sunday recovered Rs 13 crore, out of which Rs 2.5 crore were in new currency. The raid was conducted in wee hours of Sunday in Delhi’s Greater Kailash area. Along with the money, two cash counting machines have also been recovered. Police and tax sleuths, acting on a tip-off, recovered Rs 2.5 crore in new currency notes, balance Rs.7.5 crore in old currency notes. The owner of the firm, T&T law, has been identified as Rohit Tondon.
“We received information which we shared with the Income Tax department and jointly raided this place. Till now, we have seized around Rs. 10 crore rupees out of which Rs. 2.5 crore are new currencies and Rs. 7.5 crores in old currency,” Assistant Commissioner of Police, Inter-State Cell Sanjay Sehrawat told media.
“2 Counting machines recovered; operation on; Case registered with IT dept & ED, not us, owner has gone underground. We were receiving inputs on the case since a few days,” Joint CP Ravindra Yadav said.
“Income Tax department is enquiring the source of Rs 2.60 crore amount seized in new Rs 2000 notes,” he added.
The police said the currencies were kept in various bags and stored in a cupboard in a separate room. The police said the investigation is in process and all those guilty are being aggressively pursued.
Earlier on Saturday, the IT had seized Rs 24 crore cash in new notes from Chennai, adding to the biggest haul of cash and gold post demonetisation, in which over Rs 142 crore unaccounted assets have been recovered in tax operations so far.
As per reports, in Rs 2000 notes, was made by the sleuths from a car in Vellore on the insistence of the accused presently being interrogated in the case.
With this amount, the total seizure in the case has now gone upto Rs 166 crore in a single case. The department had seized Rs 142 crore undisclosed assets – that includes about Rs 10 crore in new notes and gold bars weighing 127 kg — during searches at multiple locations in Chennai, for the last two days, to check tax evasion.