I-T raids hospital in Srinagar; Over ₹ 83 lakhs cash and ₹ 37 lakhs worth jewellery seized

Another breaking input comes to live from Jammu and Kashmir where the Income Tax Department has conducted search and seizure operations on a group that is running the biggest private multi-speciality hospital in Srinagar with more than 100 beds. Seven premises including residential areas in Srinagar were raided.

According to reports, the Income Tax department, during the raids, has seized over ₹ 83 lakhs and ₹ 37 lakhs worth of jewellery. It is being alleged that the accused group was not paying the required tax from the earnings via the hospital.

Times Now’s Pradeep Dutta joins in with more details on the I-T raids in Srinagar. Watch!