I-T dept recovers about Rs 40 crore 'unaccounted' cash during raids in Agra

Representative image of seized cash.

Credit: PTI File Photo

Agra/New Delhi,: The Income Tax department on Saturday recovered about Rs 40 crore 'unaccounted' cash during raids against some Agra-based shoe businesses, official sources said.

The cash is still being counted and the figure may go up, the sources said.

They said a shoe trader in Uttar Pradesh's Agra and his linked entities were raided in the afternoon and cash to the tune of Rs 40 crore has been recovered till now.