JAIPUR: The income tax raids at nearly 31 premises of the prominent builders and jewellers may have fetched unaccounted and unrecorded transactions of Rs 1,600 crore till Saturday, but it has also fetched a list of at least 100 assessees who are on the radar of the income tax department. Sleuths close to the investigation on Saturday stated that the indirect take away from these raids is that the department has now got details of some other defaulters whose accounts would be checked very soon.
For the past few days, I-T Jaipur had started searches and surveys at three major groups involved in real estate and jewellery. Till Saturday, they concluded their survey on two groups, while survey work at one of the groups was still on. In a search and survey conducted by the Income Tax department at nearly 31 premises of prominent builders and jewellers, unaccounted and unrecorded transactions exceeding Rs 1,600 crore have been unearthed.
“We have got a huge database of people who have been involved in unaccounted transactions. They are on our radar and their accounts would be checked very soon. This includes big investors in real estate, jewellers and hawala traders,” said a senior officer of Income Tax who is close to the investigation, on condition of anonymity on Saturday. On the progress of the survey at one of groups associated in selling art and antique items, officers stated that some antique items were found in a tunnel and also documents citing selling of some of the items to the foreign nationals.
According to income tax sources, the documents and antique material found in the tunnel are under investigation. “Many antique items are said to be more than 100 years old. After the evidence of selling antique items to foreigners came to light, now the police have also joined the case,” said an officer.