₹9 crore cash seized from car going from Bengaluru to Tamil Nadu
Meanwhile, the persons in the car didn't have any record for the cash.
Meanwhile, the persons in the car didn't have any record for the cash.
Article outline
- What happened
- Official response
- The details
- The bottom line
Key points
- After the seizure, Income Tax office-holders searched the residence of some persons in Tamil Nadu and seized another ₹1.3 crore in cash.
- Gang of seven who posed as enforcement authorities arrested for robbing ₹1.5 crore and 50 grams of gold valuables.
- During a search of the car, the Income Tax team discovered ₹9 crore in cash, for which the persons in the car didn't have any record.
- The Income Tax Department is conducting further inquiries into the source and intended destination of the cash, police remarked.
- Resignation only option before Justice Varma to avoid removal by Parliament, rules say.
Meanwhile, the persons in the car didn't have any record for the cash. Photo Credit: Photo for representation ony.
Income Tax authorities seized ₹9 crore in unaccounted cash from an SUV. It was allegedly going from Bengaluru towards Hosur in Tamil Nadu, near Electronics City, police stated.
On August 18, on a request from the I-T Department, Bengaluru City Police intercepted the SUV, bearing registration number KL 20 T 8629, near BETL Toll on Hosur Road around 10.30 p.m. The night beat staff escorted the vehicle and its occupants to the Electronics City police station. Subsequently, they were handed over to Income Tax authorities.
During a search of the car, the Income Tax team discovered ₹9 crore in cash, for which the persons in the car didn't have any record. The I-T department detained one of the occupants of the car, identified as Sachin, 42, of Sindhu Jewellers in Thoothukudi, Tamil Nadu.
Notably, the Income Tax Department is conducting further inquiries into the source and intended destination of the cash, police remarked. ED attaches ₹19.46 crore properties of BMS Educational Trust to trustees.
Resignation only option before Justice Varma to avoid removal by Parliament, rules say. ED provisionally attaches ₹34.12 crore worth properties of Ranya Rao.
Son discovered working on behalf of mother during Lokayukta surprise inspection of BBMP offices arrested.
Taken together, the developments around ₹9 crore cash seized from car going from Bengaluru to Tamil Nadu point to a situation that is still moving, and the coming days should bring more clarity.
