New Delhi: In a massive raid of Income Tax (IT) department on Thursday, 20 fake accounts with huge amount deposits as much as Rs 60 crore were uncovered at an Axis bank branch in Noida branch.
The deposits were made into these accounts opened in the names of low-income workers and labourers, sources said.
The incident came to the notice of IT department when a jeweller in Noida sold gold worth Rs 600 crore and deposited the money at Noida branch.
A few days ago, more than 100 crore was found in 44 suspect accounts during a raid at a Axis Bank branch in the Chandni Chowk area of Delhi.
Notably, post demonetisation total Rs 58.28 crore new notes have been seized across the country. In Karnataka highest number of amounts, around Rs 28 crore have been seized, while the rest has been seized during raids in other places like Tamil Nadu, Delhi, Gujarat, Rajasthan, Goa, West Bengal, Chandigarh, Maharashtra (Mumbai and Thane).