The Income Tax Department, on Friday, raided 70 places across the country including 22 places in Coimbatore where the searches continued in properties belonging to Martin.
There has, however, been no official word so far from the I-T Department as to what led to to the raids in Srinagar or whether any incriminating evidence was recovered.
Police had to open fire in the air to disperse AMMK supporters who were objecting a flying squad from conducting searches at a store in the Theni Lok Sabha constituency.
Rs 1.48 crore cash seized from premises of TTV Dhinakaran's partyman in Theni, shots fired to disperse supporters
During the raids, police had to open fire in the air to disperse supporters of the TTV Dhinakaran-led AMMK who objected to the action.
Out of the amount seized, a major portion (Rs 13.80 crore) was seized from four premises belonging to PSK Engineering Construction and Company.
Three premises in Chennai and four in Namakkal were raided by the officials based on intelligence inputs.
The Election Commission Sunday strongly advised the Finance Ministry that any action by its agencies during election time must be neutral and non-discriminatory.
Income tax sleuths are carrying out searches at the residence of Class-one contractor of Chikkodi, Prakash Vantamutte and Jayasheela Shetty.
According to party sources, the officials searched all rooms of the BJP supporters on suspicions of storage of illegal cash meant for distributing among the voters.
The EC had on Sunday strongly advised the Finance Ministry that any action by its enforcement agencies during election time should be neutral and non-discriminatory during the poll season.
Kamal Nath is known to be a smart operator, so it would be surprising if anything incriminating emerges against him from the raids in Madhya Pradesh.
I-T detects Rs 281 crore racket of slush funds from Kamal Nath aides; recovers Rs 14.6 crore in cash
A portion of the cash had been transferred to the headquarters of 'a major political party in Delhi', the Income Tax department said.
Till the time of filing this report, more CRPF personnel were deployed at the complex to deal with any untoward situation.
Sources said a team of the local police was seen deployed about 200 metres from Kakkad's house during the raid.
IT officials have confiscated Rs 6.04 crore from DT Paramesh, a relative of JD(S) chief HD Deve Gowda with his lockers in Canara Bank and Karnataka Bank being seized.