New Delhi: The Income Tax Department conducted a search and survey action on a group having an interest in infrastructure, mining and real estate.
Search action led to the recovery of unaccounted assets and incriminating documents.
Cash ledgers containing details of unaccounted cash receipts of more than Rs 250 crore have also been found and seized.
The group also did not pay taxes on several property transactions. Unaccounted assets of Rs 3.75 crore have been seized.
Thirty-two bank lockers have also been sealed.
The group has admitted undisclosed income of more than Rs 3,000 crore and agreed to pay tax on the same.