1.60 crore recovered from Jeweler Group in Income Tax Raid: Details of benami transactions found in two pen drives of Gaurav Tower owner Nirmal Bardia

Income tax proceedings on the companies of Jaipur's big jeweler group continued for the third day. Income Tax team has got 16 million cash from the premises of Nirmal Bardia, a well-known businessman and owner of Gaurav Tower. A large number of property purchase documents have also been found. It has also been revealed to have many lockers. Lockers are under investigation. Bardia's two pen drives are suspected to contain details of benami transactions. It is being verified.

The Income Tax Department had conducted simultaneous raids at 56 locations of the Jeweler Group and their associates two days ago. Action is going on at 46 locations of Jaipur. Income tax teams are investigating at 10 locations in Delhi, Mumbai and Tonk. There is a team of more than 400 employees. More than 100 policemen are also involved in the raid. Action is going on at many locations including Gaurav Tower in Jaipur, Bardia Colony, Special Economic Zone in Sitapura, Ramgarh Road, Belakasa Hotel.

This business group is associated with Jewelery Finance, Real Estate and Hotel Industry. This group belongs to well-known businessman Nirmal Bardia. Nirmal Bardia's companies have a big business of Jewelery and Precious Stone with business in many cities. The Income Tax raids also include the whereabouts of Precious Stone Broker Radha Mohan Totla, businessman Pramad Darda.