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Rs 2 lakh crore declared by Bandra family does not belong to it: I-T dept
Updated On: 16 December, 2016 08:30 AM IST | | Vijay Kumar Yadav
<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>


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.
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