Income tax officer seized Rs.433 cr

In the last week, the tax evasion of Rs 433 crore has been detected in the income tax firms from G-Square, Revathy and Lotus Group.

Income Tax Department officials checked the 29th, 30th and 31th days in 74 locations associated with companies including Revathy, G. Square and Lotus Group, Chennai and Coimbatore.

More than 25 crore rupees have been collected, 12 kg of gold and 626 carat diamonds have been seized.