The Income Tax Department has raided the place of Piyush Jain, a perfume trader from Kanpur, Uttar Pradesh. During this raid, a lot of cash was found from the safes of the house. So much money had come from the merchant’s house that it took him hours to count it. For more than the last 24 hours, the team of Income Tax Department has been busy with its work. The Income Tax Department has swung into action even before the elections to be held in Uttar Pradesh. Traders are being raided every day in the state.
During the raids, seven places of the industrialist were raided by a team of DGI. In which an undisclosed amount of 150 crores has been disclosed. The Income Tax Department has received Rs 90 crore in cash. All this house belongs to the perfume trader Piyush Jain of Kannauj, shortly before he launched Samajwadi Perfume. The team, which was investigating since late night, had brought four note counting machines to count the cash. Six big boxes were ordered by the department to keep the counted notes. Which will be sealed and taken by the Income Tax Department with them.
Piyush Jain is a big businessman and he is close to Samajwadi Party President Akhilesh Yadav. Till now, this information has not been officially given to the Income Tax Department. What was found there and how much cash was found. But in the election year, politics is likely to heat up once again after raids on the houses of people close to SP chief Akhilesh Yadav.