Mysuru: The Income Tax (I-T) Department has seized Rs. 6.76 crore unaccounted money from PWD contractors in the State. The Department had raided several premises in Mysuru and Bengaluru, belonging to 11…
Mysuru: The Income Tax (I-T) Department has seized Rs. 6.76 crore unaccounted money from PWD contractors in the State. The Department had raided several premises in Mysuru and Bengaluru, belonging to 11 PWD contractors.
Under the radar are contractors, who participate in government tenders, especially in the Public Works Department (PWD). A release from the investigation wing of the I-T Department (Karnataka and Goa) said the currency seized was in high denominations, Rs. 2,000 and Rs. 500.
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