Crores of rupees Seizure from Liquor Baron - CBDT Clarifies
IT has been reported in a section of the media that there has been a leak in a search case conducted recently by the Income Tax department on a ‘liquor baron'. It is also reported in the media that CBDT has instituted an inquiry into the matter.
CBDT clarifies:,
“During the search operations held on 1st February, 2012 with regard to the concerned (he was certainly concerned) liquor baron, cash of Rs.2.03 Crore, jewellery and ornaments worth the value of Rs.5.18 Crore, fixed deposits of Rs.4.4 Crore, and large number of documents were seized. Further, restraint orders on 13 bank lockers and 2 other premises are pending. The search is yet to be completed.
As the matter is still under investigation, these media reports are found without any factual basis and only speculative.”
Is this, another official leak?