Simultaneous action taken in Srinagar, Delhi, Mumbai

Cash seized, lockers attached

Mohinder Verma

JAMMU, Oct 1: The Income Tax Department today carried out raids at about two dozen business establishments of a Kashmir-based handicrafts dealer in Srinagar, Delhi and Mumbai and seized several incriminating documents and cash.

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Sources told EXCELSIOR that on the basis of credible information regarding concealment of income and evasion of Income Tax, sleuths of the department simultaneously conducted raids on the business establishments of Khazir Group in Srinagar, Delhi and Mumbai.

In Srinagar, over one dozen establishments, including the residence of leading handicrafts dealer, were searched throughout the day. Similar raids were also carri

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