July 31, 2019 6:47 PM

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VVIP choppers case: IT Dept finds evidence after raiding Hyderabad group

<span style="color: #222222;">The Income Tax Department raided a Hyderabad-based group in connection with the VVIP Chopper scam case. <br />'' <br />'' The CBDT in a release said, during the searches, incriminating evidences were found related to the dealings of the group with the Dubai based operator who is an accused in the case. <br />'' <br />'' The IT department also found four additional undisclosed foreign bank accounts, three undisclosed companies based in tax havens, unexplained cash of 45 lakh rupees and jewellery worth over three crore. <br />'' <br />'' The statement said, the group was indulged in large scale over-invoicing of imports through the Dubai based operator through which surplus funds of 6 million dollars were generated and parked in Dubai based accounts of the operator.</span><br />

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