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I-T department raided two firms across states

In a report on the Income Tax search published in The New Indian Express on Monday, it was inadvertently stated that Rs 7 crore was found after a raid on a campaign management firm.

Published: 19th October 2021 05:51 AM  |   Last Updated: 19th October 2021 05:51 AM   |  A+A-

Representational Purposes. (File Photo)

By Express News Service

BENGALURU:  In a report on the Income Tax search published in The New Indian Express on Monday, it was inadvertently stated that Rs 7 crore was found after a raid on a campaign management firm.

The I-T Department conducted search and seizure operations on two entities — a digital marketing and campaign management firm and a group engaged in solid waste management — across several states, including Karnataka, on October 12. 

“The search action led to the detection of unaccounted investment in property of about Rs 7 crore and seizure of unaccounted cash of Rs 1.95 crore and jewellery of Rs 65 lakh,” a statement from the Finance Ministry said.



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