Income Tax seized 56 cr cash from Benami Property

BY A STAFF REPORTER: Income Tax raid held many places at Maharashtra. Income Tax conducted a raid at premises of a steel, cloth merchant & real estate developer in Jalna from 1-8 Aug. Around Rs 100 cr of benami property seized - incl Rs 56 cr cash, 32 kgs gold, pearls-diamonds & property papers. It took 13 hrs to count the seized cash.