Income Tax Department raids Surana Jewellers in Nashik over alleged undisclosed transactions by the proprietor

The Income Tax (I-T) Department launched a raid on Surana Jewellers in Nashik, in response to alleged undisclosed transactions by the proprietor on May 26, as per an ANI report.

About ₹26 crore in cash and documents of unaccounted wealth worth ₹90 crore have been seized in raids carried out by the I-T Department, it added.

This is a breaking story, more updates are awaited…