Of the total cash confiscated, about 67.91 per cent, 65.93 per cent and 43.22 per cent were Rs 2,000 notes in the financial years 2017-18, 2018-19 and 2019-till date respectively.
At least ten teams of the IT department sleuths conduct searches at various firms related to the Telugu film industry in Hyderabad.
Gnanavel Raja was charged for the concealment of income and evasion of taxes, besides various unaccounted cash payments made during the financial years of 2007-08 and 2008-09.
Sasikala, late Tamil Nadu chief minister J Jayalalithaa's close aide, is currently lodged in Bengaluru's Parappana Agrahara jail in a disproportionate assets case.
In July, the I-T department had served notices on a set of Tata Trusts seeking to reopen assessment and questioning their decision to surrender registrations in 2015.
Income Tax Department of AP and Telangana region has withdrawn 969 appeals pending before the Supreme Court, AP High Court, Telangana High Court and Income Tax Appellate Tribunal.
The I-T department had on October 12 said it seized Rs 30 crore unaccounted cash during raids on a group running the coaching centre in Namakkal.
The cases were dismissed on the basis of a recent circular issued by CBDT on August 8, 2019, raising the threshold for filing cases in ITAT from `20 lakh to `50 lakh, retrospectively.
In a video message to his devotees, he also refuted media reports which said he has fled the country.
Sources told Express that raids which were carried out in 40 premises belonging to the wellness guru and his son located in Chennai, Hyderabad, Bangalore and Varadaiahpalem culminated on Monday.
Unaccounted cash of over Rs 15 crore have been seized from Mumbai since the Model Code of Conduct came into force for Assembly Election in Maharashtra, IT department said.
On his retirement, he was appointed as an advisor to the Department of Revenue on issues relating to black money, before being made the Central Vigilance Commissioner (CVC) in June 2015.
The Income Tax department has seized valuables worth `93 crore following its searches on 40 premises belonging to ‘wellness guru’ and self-styled godman Kalki Bhagwan.
Case could be referred to CBI for probe under Prevention of Corruption Act
The Income Tax department on Wednesday launched raids at the premises of a self-styled spiritual guru and his son, in Tamil Nadu and Andhra Pradesh.