Summary:
AGRA: In one of the biggest income-tax raids post demonetization in West UP, the department conducted 31 raids on bullion traders’ firms and homes in Agra, Mathura, Delhi and Mumbai on Thursday and found discrepancies to the tune of Rs 123 crore. The raids will be continued on Friday.The raids were supervised by Amrinder Kumar, the principal director (investigation) for I-T department in Agra, along with Tarun Kushwaha, joint director (investigation). According to sources, Yogendra Mishra, deputy director (investigation), I-T department, led the teams at 18 places in Agra. The owner of the firm claimed to that a majority of the cash deposit was from sale of gold during demonetization. But during investigation, it was found that the Mumbai jeweller had closed down operations in 2012 and his firm was not in existence during demonetization,” said the source..