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IT sleuths: Rs 2.35 crore in new denominations seized from businessman's establishments in Nagaon

IT sleuths: Rs 2.35 crore in new denominations seized from businessman's establishments in Nagaon

| | 22 Dec 2016, 08:32 pm
Guwahati, Dec 22 (IBNS): The Income Tax (IT) Department on Thursday seized at least Rs 2.35 crore in new currency denominations from a businessman's establishments in Assam's Nagaon district.

It is one of the biggest cash seizure in Assam after nationwide demonetization drive by IT department.

A top IT official said that, based on sources information, a team of  IT department raided at the Hotel Seashine and Mahim store owned by Amylya Das at Borbazar area mid of Nagaon town in the middle Assam district.

During the search operation, around Rs 2.34 crore in new denomination of Rs 2000 and Rs 1 lakh of new Rs 500 notes were recovered by IT sleuths.

“We have also recovered huge denominations of Rs 100 from the establishments of the businessman,” the IT official said.

The IT department apprehended Tapan Das, son of the businessman, and started interrogation to collect more information about the seizure cash.

The two businessmen trade in wholesale market of chewing tobacco, stationery goods in middle Assam.

Last week, the IT and Assam Police recovered at around Rs 1.54 crore in new notes from a trader in Guwahati.


(Reporting by Hemanta Kumar Nath) 

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