I- T fails to find out source of ` 91 lakh

I- T fails to find out source of ` 91 lakh

FPJ BureauUpdated: Sunday, June 02, 2019, 06:49 AM IST
article-image

OUR STAFF REPORTER Bhopal

Even after intense investigation, the income tax department failed to find out the source of Rs 91 lakh seized by Betma ( Indore) police from four businessmen in March. In the meantime, Depalpur court has a

sked IT department to confiscate the recovered amount.

Sources said in March, Betma police have caught four persons from a passenger bus and seized Rs 91 lakh from them. These persons have hidden the money inside the special jackets.

After this, police have handed over the money to the I- T department and requested them to find its source.

The case had, in the meanwhile, reached the Depalpur court. However, I- T department, despite an inquiry, could not find out the source of the cash, which is assumed to be the hawala money.