IT dept raids DN Group in Bhubaneswar, Rs 30 cr cash recovered
The Income Tax Department has conducted raids on DN group in Bhubaneswar, said reliable reports on Wednesday.
Bhubaneswar: The Income Tax Department has conducted raids on DN group in Bhubaneswar, said reliable reports on Wednesday.
According to reports, the IT department has conducted raids in 20 places in connection with the Real estate company DN Group.
The IT department officials have raided the residence and offices of the company’s director, staff and office at IRC village in Nayapalli area of Bhubaneswar.
As much as Rs 30 crore in cash has already been recovered from the house of a company employee.
The IT team has also found certain important documents relating to the company’s accounts. Further detailed reports awaited in this matter.
Ms Kalinga