Jalna: A big news has come from Jalna in Maharashtra. In fact, the Income Tax Department has taken a big action here and recovered cash of about 390 crores from a steel factory. Let us tell you that a large number of gold and silver ornaments have also been recovered. However, the action of the Income Tax Department is going on so far. At the same time, according to sources, the steel factory is expected to get more undisclosed assets. Let us tell you that the Income Tax Department raided the factories, houses and offices of steel makers in Jalna, which produces the highest iron yard in Maharashtra. In fact, in these raids conducted by the department, information about unaccounted assets of about Rs 390 crore has come to light.
Cash worth Rs 58 crore, 32 kg of gold jewellery, diamonds, pearls worth Rs 16 crore and unaccounted assets worth about Rs 300 crore have been seized. The most important thing is that during the raid, so much cash has been recovered that it took the team about 13 hours to count it. According to the information received by the Aurangabad team of the Income Tax Department, four big steel mills of Jalna have made cash transactions without fully recording the surplus income of crores of rupees from the business.
In fact, when the raid was taken due to the fear of income tax evasion, a lot of black money was revealed. It is also reported that during the raid, the officials found cash in some bags under the cupboard, in the bed and in the cupboard and bundles of notes in place. Let us tell you that the same amount was also received from the house of another businessman.
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