Home / Mumbai / Mumbai News / Article / Rs 2 lakh crore declared by Bandra family does not belong to it: I-T dept

Rs 2 lakh crore declared by Bandra family does not belong to it: I-T dept

<p>Mystery Mumbai family's claim that their net worth is Rs 2 lakh crore is just shady business, feel I-T sleuths. Income Tax department is now probing who else could be behind the fictitious declaration</p>

Listen to this article :

The family had provided the income tax department with a fake address in this Bandra building
The family had provided the income tax department with a fake address in this Bandra building

The mystery Mumbai family's claim that their net worth is Rs 2 lakh crore is just shady business, Income Tax (I-T) sleuths now suspect. The numbers just don't add up — their income doesn't match their claimed wealth, and officials suspect that either the family is lying or they are a front for other people's black money. The family had on December 4 come forward to declare the undisclosed wealth following the demonetisation drive.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Won't attend to calls in Behrampada without proper police protection, complain firefighters

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement