Delhi: I-T department seizes Rs 30 lakh including new currency notes from Sunar Jewellers in Karol Bagh

Income Tax Department on Thursday seizes Rs 30 lakhs including new currency notes from Sunar Jewellers in Karol Bagh in Delhi. The cases of seizure of bulk cash have been on the rise since the demonetisation was announced on November 8.

Earlier on Wednesday, Income Tax Department on Wednesday conducted searches on multiple lockers in a Bank of Maharashtra branch in Pune in connection with its tax evasion probe in the alleged stashing of funds post demonetisation and recovered Rs 10 crore from 15 lockers at Parvati branch of Bank of Maharashtra.

Rs 2.5 crore of this money was in the denomination of Rs 100, while the remaining Rs 7.5 crore were found in new Rs 2000 notes.