Featured Image: Representational photo.
By A Newsman
Kolkata, 19 December: INCOME Tax (IT) department has confiscated as much as Rs 33-lakh in newly minted Rs 2,000 notes by conducting two separate raids in Kolkata.
Raids are also on in other places in the state including Howrah, Asansol, Durgapur, Midnapore, Behrampore, Malda, and Siliguri but news of seizures from there is yet to come.
Of the money seized so far, Rs 22-lakh is from Jalan Debi & Company, a dealer of gold located at 57 Monohar Das Road at Burrabazar.
IT department sources said that post-demonetisation over Rs 1-crore was deposited to the bank accounts of the owners of the shop. On getting information from banks, IT officers conducted a raid today and founded Rs 22 lakh in Rs 2,000 notes.
IT sleuths are questioning the two Jalan brothers to find out from where they procured so much Rs 2,000 notes when the RBI has put a limit on withdrawal post-demonetisation.
This apart, another cache of Rs 11-lakh in Rs 2,000 notes has been confiscated from one Sanjib Basu, a wholesaler of eggs at Jadavpur in south Kolkata.
IT sleuths first raided Basu’s shop DB Enterprise located at Jadavpur’s 43/1 Jheel Road but found nothing there. They then raided his residence located nearby and recovered Rs 11-lakh in Rs 2,000 notes.
Apart from wholesaling eggs, Basu is also involved in real estate business. IT department sources said that about Rs 1 crore was deposited in his bank accounts post-demonetisation.
In both the cases, the seized Rs 2,000 notes are of a connecting serial numbers suggesting that those were procured in bulk at one go. IT officials suspect that bank officials had a role in illegal withdrawal / exchange of the currency notes.