The examination wing of the Income Tax office on Thursday sought 25 premises connected to city-based land organization JP Iscon Group, its promoters, partners, workplaces and living arrangements of its promoters. I-T sleuths recuperated Rs 4 crore of unaccounted money, adjacent to records and keys to 12 bank lockers amid the day-long inquiry operation.
The inquiry more then likely will proceed on Friday as well. The taxmen likewise overviewed 10 premises connected to Iscon Group. More than 150 authorities, 50 officers and 100 examiners, led the hunts and overviews at different areas crosswise over Ahmedabad, Vadodara and Gandhinagar. Two land merchants were additionally looked.
“Rs 4 crore in real money was recuperated from the home of a nearby partner of the promoters. The trade was hung out a gunny sack. Twelve bank locker keys have additionally been recouped. Implicating records identified with the business that demonstrate that the land gathering was creating unaccounted salary were additionally recuperated,” said a source.
Authorities recouped a few pen drives and hard circles and these are being broke down.