Lucknow: Sleuths from the Income Tax Department (I-T) raided the place of four entrepreneurs in the Lucknow Rakabganj area on Sunday.
Privy sources for raids claim that employers make ‘Hawala’ transactions.
Taxmen began an attack on where the businessman was in Rakabganj after recovering Rs 65 lakh from the car during the Gonda check-in on Friday night.
Police posted in Bhabua Outpost under Karnianj Kotwali in the Gonda District have recovered around Rs 65 Lakh in a car.
Further information is shared with the income tax department.
The I-T department source during the interrogation of two passengers the car discussed that cash was directed through the hawala and came from Lucknow.
After that, the team stormed Rakabganj-based traders.
Sources also claim to have recovered RS 3 Crore from a businessman while the raid is still ongoing.
I-T officials were not rejected or confirmed the amount confiscated.
Raids continued until the end of the night.
Tim I-T Raid Four Bizmen in Hawala Radar Funds in LKO
