Luxury cars worth Rs 100 cr recovered in IT raid, cash recovered

Kanpur. The Income Tax Department has raided the premises of a tobacco company in Kanpur. In this raid, luxury cars like Rolls Royce, Porsche, Lamborghini worth Rs 100 crore, several crores of cash and unaccounted property have been revealed. The IT department raided several locations of Banshidhar Tobacco Company in Kanpur. 15 to 20 teams carried out this operation in 5 states including Kanpur. 20 locations of the company including Delhi, Mumbai, Gujarat have been raided. On the second day of the raid. Till now his unaccounted wealth has been revealed.

Simultaneous raid on 20 locations of the company

In fact, the Income Tax Department conducted a series of raids on Banshidhar Tobacco Company located in Kanpur, Uttar Pradesh. During this, a complex network of financial manipulation was revealed, which extended to different states and even abroad. Raids conducted at 20 locations including Kanpur, Delhi, Mumbai and Gujarat have revealed major irregularities in the alleged turnover of the company. 10 to 20 teams of Income Tax Department are involved in the raid.