look news india
Noida, known as a city with tall buildings and a modern lifestyle, is in discussion today for a different reason. Here in a raid by the Income Tax Department, there is so much that people are calling it ‘Kubera’s Treasure’.
What is the whole matter?
It happened that the Income Tax Department team raided several locations of a large business group in Noida on the basis of a confirmed information of tax evasion. Initially it seemed to be a normal search, but when the authorities started searching the house and offices, the views that came to the fore, also flew away their senses.
The warehouse of notes was kept in the house
According to the news, so many bundles of notes came out of the walls of the house, under beds and intelligence lockers that it was impossible to count them by hand. For this, the machines that counted the note had to be called. It is being told that the cash was so much that the machines also started heating up and started answering.
Not only cash, and much more
In this raid, not only cash, but many kilos of gold-silver jewelery and hundreds of crores of documents are also reported. These documents show how the money was invested to save tax.
The department was monitoring the activities of this group for a long time and this action was taken with complete preparation. Now the department is fully evaluating this treasure seized and questioning people associated with the business group are going on.
This major action has created a stir in the entire NCR business world including Noida and is a major warning for tax evaders.