Tax sleuths detect Rs 1,430-cr tax evasion by Sasikala's kin, associates

On Thursday, a team of around 1,800 I-T officials knocked on the doors of 187 premises to carry out one of the biggest income tax searches on Sasikala's kin and associates

The Income Tax Department has unearthed tax evasion of Rs 1,430 crore during its raids/searches spread over five days at the premises of jailed AIADMK leader V.K. Sasikala's kin and their business associates, an official said on Monday.

"We have found tax evasion of Rs 1,430 crore, as of now. This figure is likely to go up as we have also seized incriminating documents. We have seized Rs 7 crore in cash, and gold jewellery worth around Rs 5 crore," the senior tax official told IANS on the condition of anonymity.

"A lot of diamonds seized have to be evaluated. We have