Chennai: Rs 24 crore cash of new currency discovered by 'Income Tax Department'
Chennai: Rs 24 crore cash of new currency discovered by 'Income Tax Department'
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Income Tax Department today seized cash of worth Rs 24 Crore in which all notes were of new currency i.e. of Rs 2000 notes. The detective has found the money from a car in Vellore. Till date, officers have recovered Rs 142 Crore after the demonetisation and now total sum is Rs 162 crore.

In all the raids that, are going on in state after Thursday, one of the official from Central Board of Direct Taxes said "During the search, Rs 96.89 crore cash in old high denomination notes and Rs 9.63 crore in new Rs 2000 currency notes along with gold weighing 127 kg worth approximately Rs 36.29 crore were found and seized, as unaccounted assets,"

The senior official said this seizure of gold and cash was "an unprecedented amount that the tax department has seized in recent times." 

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