I-T dept detects black income of Rs 50 crore after raids in Rajasthan

The Income Tax (I-T) department unearthed Rs 50 crore in black money after raids in Rajasthan on Thursday.

The Income Tax (I-T) department has detected unaccounted income of more than Rs 50 crore following raids on sand mining, liquor and real estate businesses in the border towns of Rajasthan recently, the CBDT said on Thursday.

Thirty-three premises were covered during the searches that were carried out on October 28, it said.