Udaipur : Income Tax Department action is going on at the head office of Tikam Singh Rao’s transport in Udaipur, transport office in Pratap Nagar, 3 houses, resort, and his close relatives. The Income Tax Department team thoroughly examined his documents, computer data, back locker etc. in 4 days. During this time, his illegally acquired property was found. 45 kg gold and Rs 4 crore seized.
Undisclosed assets worth crores of rupees revealed
The Income Tax Department team has unearthed undisclosed income worth crores during the investigation. During this action, the Income Tax Department searched a total of 23 locations of Tikamsingh Rao in Maharashtra, Gujarat and Rajasthan from 28th November, which has been going on for 5 consecutive days. The action was taken under the leadership of Joint Director JS Rao. During this entire operation, more than 250 officers and employees of the Income Tax Department were involved in the raid.
Action taken in case of tax evasion and illegal property
According to Income Tax Department officials, this action has been taken in cases of tax evasion and illegal property. A search operation was also conducted at the houses of Tikamsingh Rao and his staff, where information about huge amount of property and suspicious money was found. Officials say that this raid is part of the first phase of the investigation, and further action can be taken.
Seized gold is being evaluated
The gold seized in the action is being evaluated. The Income Tax Department will now also check the valid documents of gold purchase and the income declared for the purchase. Some places sealed. The team carried out the entire action under the direction of Principal Director of Income Tax Department, Awadhesh Kumar.
