Cash evasion case: Fresh Rs 24 crore in new notes seized

Updated: Dec 11, 2016, 14:30 IST | Agencies

A fresh seizure of Rs 24 crore cash in new notes was made on Saturday by the I-T Department, 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 here


Residents show burnt Rs 500 notes retrieved from a garbage dump in Chikkamagaluru on Saturday. Pic/PTI 

Chennai: A fresh seizure of Rs 24 crore cash in new notes was made on Saturday by the I-T Department, 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 here.

Officials said the fresh seiz­ure was made by sleuths from a car in Vellore on the insist­ence of the accused presently being interrogated in the case. The department had seized Rs 142 crore undisclosed assets during searches at multiple locations in Chennai, in the last two days, to check tax evasion.

A statement issued by Central Board of Direct Taxes saidsearches are still in progress at four out of 8 premises.

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