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IT Department Seizes INR 400 Crore From A Tea Seller

IT Department Seizes INR 400 Crore From A Tea Seller

Monday, December 19, 2016, 1:00 PM

Income tax department raided the premises of tea cum bhajia seller turned financer, Kishore Bhajiawala and seized around 400 crore in cash, bullion, jewellery and property papers from him. Kishore Bhajiawala has been paying taxes, but the Income Tax Department found that his actual annual income, is 5 times more than his disclosed income. He collected such wealth by financing leading real estate agents.
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