Rs 10.50 cr assets seized from Gujarati 'chaiwala'; identity hidden

December 18, 2016

Surat, Dec 18: The Income Tax department has seized alleged unaccounted assets worth Rs 10.50 crore from a tea seller-turned-financier after raids were conducted against him in Gujarat's Surat as part of the anti-black money crackdown post currency scrap.

gujThe I-T department sleuths, who conducted the searches yesterday at the premises of the tea seller, recovered cash of Rs 1.45 crore, with new currency being at 1.05 crore, bullion worth Rs 1.49 crore, gold jewellery valued at Rs 4.92 crore, other ornaments worth Rs 1.39 crore and silver ingots priced at Rs 1.28 crore.

"The total value of the assets seized from the financier, who earlier worked as a 'chaiwala', is Rs 10.50 crore," I-T sources said as they refused to reveal the identity of the person citing ongoing probe.

They added that while 13 of his bank lockers have been opened till now, four more are in the process to be opened and the expected seizure of assets may increase.

The sources added that the interception was made in the city as part of taxman's anti-black money probe post demonetisation.

Comments

Naren kotian
 - 
Monday, 19 Dec 2016

Haha....how about gadda walas and votte topiwalas....and also black burqawalis who ran towards gold showrooms from 8th to 11th Nov ...

imtiaz
 - 
Monday, 19 Dec 2016

chaaiwaaala having so much lumpsome amount.. jus imagine...wat wud b d fate of doodhwaalas n shakkarwaaalaas in gujrath!!!! fakeeer log

Mohammed musthafa
 - 
Monday, 19 Dec 2016

Again be alert, chai walas are most dangerous discussion makers, anything can happen

Fairman
 - 
Sunday, 18 Dec 2016

Why can not be the present PM.
Chaiwalas are very shrude, they run the country,
They amass the big fortune.

Gujjus are really very intellllllllllllllligent

Skazi
 - 
Sunday, 18 Dec 2016

Chaiwalas identity is hidden ......May be the Ex CM

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 14,2020

Bengaluru, Apr 14: 11 more COVID-19 cases have been reported in Karnataka since 5 pm Monday, informed the state government on Tuesday.

The total number of coronavirus positive cases in the state now stand at 258, including 9 deaths and 65 discharged.

To check the spread of the highly contagious coronavirus, the 21-day lockdown announced last month has been extended by the Centre till May 3.

Meanwhile, India's total number of coronavirus positive cases has climbed to 10,363 including 8,988 active cases, 1,035 cured/discharged/migrated and 339 deaths, the Ministry of Health and Family Welfare said today.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 10,2020

Mangaluru, Jan 10: To mark the Karavali Utsav the district administration held a colourful procession from Nehru Maidan to Karavali Utsav Grounds Lalbagh here on Friday.

The colourful procession was inaugurated by the District Minister In-charge Kota Srinivas Poojary by lighting the traditional lamp along with other dignitaries. Various troupes from all over the state are participating in the procession from Nehru Maidan to the Karavali grounds.

Addressing the gathering Kota Srinivas Poojary said, “Karavali Utsav is a meaningful festival. The Tradition and culture of Dakshina Kannada is very meaningful. By organizing Utsav’s we are highlighting our tradition and Culture to national and international levels.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 2,2020

Kalaburgi, Jan 2: At least 10 students sustained injuries when a private bus carrying students of a school on an educational tour rammed into a tree today morning.

The mishap occurred when the students of Ayyappa School located in Chennaveera Nagar were going around the city in a bus during their tour.

The bus crashed into a tree near Venkatagiri Hotel on New Jewargi Road in the city.

A case has been registered at a traffic police station.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.