IT sends report on cash seizure from TN cement warehouse

Image
IANS Chennai
Last Updated : Apr 03 2019 | 8:45 PM IST

The Income Tax (IT) department has sent its report on the search and seizure of large amount of cash in cartons and gunny bags from a cement warehouse belonging to a DMK official in Tamil Nadu's Vellore district, an officer said on Wednesday.

"We have given our report to the Election Commission in the specified format. We don't give any recommendations," a senior IT official told IANS.

He said on the face of it, it was clear the cash, amounting to about Rs 11.5 crore, was for distribution division and ward wise with the packets having the division and ward numbers written on them.

DMK Treasurer Duraimurgan's son D.M. Kathir Anand is the party Lok Sabha candidate for the Vellore constituency.

Duraimurugan has said the cash does not belong to his family.

The IT department has to trace the cash money trail.

--IANS

vj/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 03 2019 | 8:36 PM IST

Next Story