Income Tax officials and police in Surat seized at least Rs 1.57 crore in new currency from separate locations in the city on Friday. While Rs 81 lakh cash was seized during I-T raids on three business premises of a gutkha dealer, Rs 76 lakh was discovered in the boot of a car in Sachin GIDC area.
Acting on a specific input, the tax officials raided three business premises of a well-known gutkha businessman in the city (name withheld by the I-T department). The I-T officials seized Rs 81 lakh in new currency notes during the raid, besides several documents. According to sources, the gutkha trader’s firm had deposited Rs 11 crore in cash in a bank few days ago, bringing him under the lens of I-T department.
In another cash seizure, police seized Rs 76 lakh in Rs 2000 denomination from a car in Sachin GIDC area and detained four persons, including a fashion designer, in this connection. Those detained told police that they had come to deliver the new notes in exchange for the demonetised bills on a commission to a client. The I-T department has joined the probe.
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Acting on an input, police personnel intercepted the car near Classic Complex in Sachin GIDC in the morning and found 38 bundles of Rs 2000 notes in the boot. The four persons, including a woman, who were travelling in the car were detained after police found their answers unsatisfactory. Those detained have been identified as Girish Patel, a farmer from Valsad, Rankumar Singh, a Nashik-based businessman, Arun Kashinath Amutar, a resident of Nashik, and Dipti Patel, a fashion designer from Chikhli in Navsari.
We have taken help of Income Tax department officials and they have started questioning all the four suspects.” Name of the said client has not been revealed.
On Thursday, Tapi police had seized Rs 13 lakh (Rs 10 lakh in demonetised notes) from an SUV with an Uttar Pradesh licence plate, from persons claiming to be employees of Bharatiya Micro Credit, a firm that has partnered with the central government to execute livelihood schemes.