Income Tax Department raid in Yogi state, seized More than 100 crore rupees!

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Pallabi Sanyal
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Income Tax Department raid in Yogi state, seized More than 100 crore rupees!

By A Staff Reporter : In Uttar Pradesh, more than Rs 100 crore is recovered from a businessman's house. Income tax officials raide in Kanpur at Perfume Dealer Piyus Jain's home and seized rs 150 crore cash till 11 am in morning. The amount of money is expected to increase further. Businessman Pius Jain is known to be close to Akhilesh Yadav of the Samajwadi Party. Recently he also played an important role for the promotion of the party.Akhilesh put the task of making perfume on his closed businessman.The Income Tax Department officials then raided the businessman's Kanpur office.Meanwhile, there is evidence of tax evasion of crores of rupees against Piyus.There are allegations of making huge amount of money through leading companies.GST officials claim that the transaction was made by making a receipt in the name of a fake company and the huge amount of money recovered came from there. More than 200 fake receipts worth Rs 50,000 have been recovered. At the time of the raid on Pius's house, four trucks were in his warehouse. The investigators got the receipts from him.