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IT Dept raids auto parts manufacturing firm in Delhi, NCR; recovers Rs 7 cr

IT Dept raids auto parts manufacturing firm in Delhi, NCR; recovers Rs 7 cr

New Delhi, Oct 7(UNI) The Income Tax Department continued its operation on Saturday and raided over 50 premises belonging to leading auto spare parts manufacturing firm in the National Capital Region and recovered cash worth Rs seven crore. Besides the cash, three kg of gold was also recovered. The raids were being carried out since Thursday, official sources said. The searches were carried out at offices and properties of the Jai Bharat Maruti Group across Delhi, Haryana's Gurugram and Faridabad and Uttar Pradesh's Ghaziabad. According to IT officials, the Jai Bharat Maruti Group is a leading supplier of automobile spare parts to firms like Maruti Suzuki and Ashok Leyland. UNI JPG AE 1716

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