New Delhi: Keeping up with the schedule of the last many days, Income Tax Department officials once again on Thursday conducted raids across different parts of the country seizing sizable amount of unaccounted cash.
Earlier in the day Axis Bank branch in sector 51 Noida was raided by the income tax officials.Twenty shell accounts were found which were used to launder black money. These fake accounts were specifically created to adjust unaccounted cash. Over Rs 60 crore was recovered from here.
Earlier on November 25, Income Tax department had raided the Kashmere Gate branch of Axis Bank in Delhi. The raids were conducted after two people were held with Rs 3.5 crore new notes. Raids were also conducted on Chandni Chowk branch of the same bank later.
On December 9, a raid on the Chandni Chowk branch of a bank, revealed 15 fake accounts with over Rs. 450 crores in deposits.The Enforcement Directorate (ED) has so far carried out raids on 50 branches of 10 banks across the nation in an attempt to keep a tab on those account holders, who deposited huge amounts at one time.
In another raid today, two businessmen were caught allegedly with Rs 35 lakh in new currency notes while they were exchanging old notes from Jaipur, Rajasthan.
Following a tip off, a team of Rajasthan police's special operation group (SOG) nabbed Sunil Gupta and Priyanshu Gupta in Vidhyadhar nagar area and recovered around Rs 36 lakh last night.
"Rs 35 lakh is in new currency notes of 2000 and remaining cash is in demonetised notes of Rs 100," SP, SOG, Vikas Kumar said today.
They were allegedly getting the old notes exchanged on 25 percent commission, officials said.
Income tax department has been informed and further probe is being carried out, Kumar said.
Earlier, Deedwana police in Nagaur district of the state seized Rs 6.72 lakh of unaccounted cash from a person, including Rs 5.68 lakh in new Rs 2000 notes.
Rest of the amount is in Rs 100 and Rs 50 denomination, police had said, adding they have detained Ajit Malik after he failed to give a satisfactory answer.
On Tuesday, police had detained five persons with Rs 14 lakh new notes from the city outskirts in Bhankrota.
Another Rs 4 lakh, including one lakh in new Rs 2000 denomination, was recovered from three persons near Taranagar of Churu district.