Income Tax officials seize unaccounted cash worth Rs 14.54 crore in Tamil Nadu's Namakkal
Income Tax department officials have seized unaccounted cash worth Rs 14.54 crore from the premises of PSK Engineering Construction and Co in Namakkal district.
Out of the amount seized, a major portion (Rs 13.80 crore) was seized from four premises belonging to PSK Engineering Construction and Company.
Apart from cash, several incriminating documents and accounts with details of the generation of unaccounted money by inflation of expenditure, payments made to influential persons and unaccounted capital introduced were also seized.
Raids were carried out on Friday at locations linked to the Namakkal-based construction firm. Officials from the IT department had received information about the presence of unaccounted cash, sources said.
The raids come less than a week before 39 Lok Sabha seats at stake in the state are set to go to polls.
-ANI
_251372_300x172.jpg)
![BJP's Kapil Mishra recreates Shankar Mahadevan’s ‘Breathless’ song to highlight Delhi pollution [WATCH]](http://images.catchnews.com/upload/2022/11/03/kapil-mishra_240884_300x172.png "BJP's Kapil Mishra recreates Shankar Mahadevan’s ‘Breathless’ song to highlight Delhi pollution [WATCH]")
![Anupam Kher shares pictures of his toned body on 67th birthday [MUST SEE]](http://images.catchnews.com/upload/2022/03/07/Anupam_kher_231145_300x172.jpg "Anupam Kher shares pictures of his toned body on 67th birthday [MUST SEE]")
_251372_1280x720.jpg "Amit Shah: Fake president of Shiv Sena didn't attend Pran Pratishtha due to fear of Sonia Gandhi")
_251371_1280x720.jpg "Israel rejects reports about discovery of mass grave at Nasser Hospital in Khan Yunis")
