Undeclared wealth of Rs 13 crore unearthed in Madhya Pradesh

Indore: An undisclosed income of Rs 13 crore was unearthed in raids carried out simultaneously by Income Tax sleuths on various commercial establishments across Madhya Pradesh.

Survey and search operations were conducted at various establishments in Indore, Khargone and Burhanpur districts
during the last two days and undeclared income of nearly Rs 13
crore was found, Income Tax officials said here today.

Undeclared income of Rs 5.75 crore was discovered from the establishments of three contractors and two carrying and forwarding agents in Indore while Rs 6.89 crore undeclared income was unearthed from the establishments of seeds and fertiliser dealers in Khargone and Burhanpur, they said.

PTI