Bhubaneswar: Stepping up the drive against illegal financial activities in view of the twin elections in Odisha, Income Tax department officials seized around Rs five crore from a vehicle during raids in Bhubaneswar.
According to sources, the seizure was made after a team of I-T officials carried out a special operation in Surya Nagar area of the state capital on Tuesday following a tip-off.
During the crackdown, the I-T team intercepted an SUV and huge amount of cash was found following search of the vehicle. The vehicle reportedly belongs to a contractor, identified as Nihar Ranjan Mandhata of Jajpur district.
As the occupants of the vehicle failed to explain the source of the money, the cash was seized by the I-T sleuths.
While the exact amount of money recovered was still not clear, sources said that cash to the tune of Rs five crore has been seized.
Following the seizure, search operation has been launched at the residence of the contractor in Jajpur and further details are awaited.
New Delhi: Russia extended Narendra Modi a hearty welcome on Monday evening as the Indian Prime…
Berhampur: A replica of the vintage rail engine of the ‘Parlakimidi Light Railway’ (PLR) was…
Bhubaneswar: President Droupadi Murmu inaugurated a Divine Retreat Centre and launched "Lifestyle for Sustainability" Campaign…
Bhubaneswar: In a wonderful innovation, researchers at Indian Institute of Technology (IIT) Bhubaneswar have developed…
Bhubaneswar: A mini-truck got stuck as an approach road to flyover on National Highway caved…
Bhubaneswar: Alleging illegal mining activities in several areas of Jajpur district, Dharmasala MLA Himanshu Sekhar…
Berhampur: While the chariots of Lord Jagannath, Lord Balabhadra and Devi Subhadra are pulled on…
Mumbai: Shiv Sena (Shinde group) leader Rajesh Shah, whose son allegedly drove a BMW into…