I-T Raids : Rs 90 Crs in which 2,000 notes worth Rs 70 Crs seized from 8 locations in Chennai

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CHENNAI: Income Tax’s investigative officials today raided several Chennai-based jewellers as well as others to recover black money in the form of cash as well as gold.

According to source, So far a total of Rs 90 crore has been seized in cash, and of this, Rs 20 crore has been seized in the form of demonetised currencies and Rs 70 crore were in new currencies of Rs 2000 notes.
Officials reportedly also seized 100 kg of gold worth Rs 30 crore. The raids started in the morning at eight jewellery shops in T Nagar, a city hotel and also at residence of jewellery shop owners in Anna Nagar.

More Update awaits..

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