Income tax proceedings on the companies of Jaipur's big jeweller group continued for the third day. The 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 unnamed 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, Bella Casa Hotel.
This business group is associated with Jewellery Finance, Real Estate and Hotel Industry. This group belongs to well-known businessman Nirmal Bardia. Nirmal Bardia's companies have a big business of Jewellery and Precious Stone with business in many cities. Income tax raids also include the whereabouts of Precious Stone Broker Radhamohan Totla, businessman Pramad Darda. According to income tax sources, the documents transactions of more than 10 companies of the Jeweler Group are being checked. So far, a large number of documents relating to the purchase and sale of jewellery, investment in real estate have been found in the raids.
Verification of pen drive data will take some time. Income tax sources have expressed the possibility of revealing the details of undisclosed assets on a large scale.