Patna: The income tax department has allegedly seized Rs 1.75 crore cash at more than two dozen premises linked to Patna-based builder Gabbu Singh and his associates.
Tax evasion worth crores of rupees in searches were also detected, said officials.
Officials said the raids were conducted over five days till Tuesday. Around 32 locations in Patna, Ghaziabad and Noida were searched.
A large number of documents have been seized which are being scrutinised, officials said, adding that the builder’s construction firm was alleged to have indulged in bogus billing at the large scale.
The officials said a first information report was also filed against Arun Kumar, a contractor associated with Gabbu Singh, for allegedly running away with cash and other documents when raids were carried out at his residence in Boring canal road.
Comments are closed.