In yet another success against black money, the Income tax department has seized Rs 2.20 crore, mostly in new currencies of Rs 2000 and Rs 500 denominations, from a businessman in Assam’s Nagaon district today.
A senior official of the IT department said that the seizure came after raiding the house of one Amulya Das at Nagaon town on Friday.
“There was specific information with us and we raided the house of Das today. During the raid we have recovered Rs 2.20 crore stashed in trunks, sacks and some other secret lockers in his house,” he said adding that they are now quizzing Das and his son Tapan Das from where they got such huge number of new currencies.
“While most of the amount was in Rs 2000 and Rs 500 denominations, there were also some currencies of Rs 100 denominations,” said the official.
Das and his son is involved in different trades including retailing of Pan Masala and and tobacco related products. The duo also owns a hotel in the town and claimed to have some other businesses in different places of the State.
“We are verifying the source of the new currencies. Probe is also on to ascertain whether the amount
recovered is disproportionate to their income,” said the
official while adding that the duo had not been arrested so far.
On December 13 this year, CID of the Assam Police had recovered over Rs 1.50 crore in new Rs 2000 and Rs 500 denominations from a trader in Guwahati’s Beltola area.