 "Income Tax dept recovers over Rs 50 cr from UP govt engineer")
The Income Tax (I-T) department has confirmed receiving more than Rs 50 crore from a Uttar Pradesh irrigation department engineer.
Raiding 22 locations in seven cities, including in Delhi, Noida, Ghaziabad, Gurgaon and Etah, income tax officials also recovered cash and jewellery belonging to Rajeshwar Singh Yadav worth Rs 2.5 crores.
Yadav's brother and brother-in-law were also raided by the IT department.
As per a Senior IT Official, Yadav made shell companies in the name of his brother and brother-in-law.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app