India's biggest IT raid: Rs 352 crore in cash seized!
The raids were conducted over a period of 10 days. A total of Rs 352 crore was seized in these operations.

IT raids are common in India. However, a recent IT raid made headlines. Officials spent nearly ten days counting the cash. Initially, they started counting manually.

Income Tax officials used a scanning wheel machine to detect buried items, indicating the raid's intensity. The Income Tax Department teams conducted raids in various locations.
The Income Tax Department ordered three dozen machines to count the notes. Bank employees were called in due to the large cash recovery. The seized money was loaded onto a truck and deposited with the IT department under tight security.
In August, the central government honoured the Income Tax Department officials who conducted raids in Odisha. The operation was led by S.K. Jha, Principal Director of Income Tax Investigation, and Gurpreet Singh, Additional Director.
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App to stay ahead in business.