IT Raids Uncover Rs 100 Crore Transactions in Jamshedpur

Major operation targets steel and ingot traders across 15 locations in city

Key Points:

• Income Tax department raids continue for second consecutive day

• Officials discover significant cash, jewelry and property transactions

• Investigation focuses on multiple prominent business establishments

JAMSHEDPUR – Income Tax authorities have uncovered substantial financial transactions during ongoing raids across the city.

The department has identified transactions worth approximately Rs 100 crore.

Moreover, officials discovered significant dealings involving steel and ingot traders.

Meanwhile, the operation targeted fifteen premises of prominent business figures.

Furthermore, authorities conducted thorough searches at six locations on the second day.

However, the Income Tax department maintains silence about specific findings.

In addition, investigators have seized substantial amounts of undisclosed cash.

On the other hand, the raids have revealed various movable and immovable assets.