No raids on TDP MP\, Rs 45 lakh in cash seized from accountant in Vijayawada: CBDT

No raids on TDP MP, Rs 45 lakh in cash seized from accountant in Vijayawada: CBDT

Press Trust of India  |  New Delhi 

The CBDT Wednesday said the has seized Rs 45.4 lakh "unexplained" cash after it conducted searches on a in poll-bound in as it denied taking any action against a local

It stated that only the premises of were covered as part of the raid operation.

"An information had been received on toll-free-number that cash was kept at the residence of which was to be used in It was only at the time of recording his statement late in the night that he revealed that he was also giving services to in his capacity as a "

"During the course of search, cash of Rs 45.4 lakh was seized that was unexplained," the Central Board of (CBDT) said.

It added that Naidu was "a retired person who is practising freelance cost accountancy and no other premise except his residence was searched".

"No premise of the MP candidate was searched," it said.

The CBDT is the policy making body for the

Galla, who is contesting the Lok Sabha polls on ticket, had protested the raids on Tuesday night.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 10 2019. 21:00 IST