IT raids on premises of Pravin Kotak led JP Iscon group

Ahmedabad

Income Tax department carried out raids at 25 premises of Pravin Kotak led real-estate firm JP Iscon Group promoters and close associates in Ahmedabad, Vadodara, Bhavnagar and Gandhinagar. Rs 4 crore unaccounted cash hidden in gunny bag, 12 bank locker keys are recovered from premises in Ahmedabad, Vadodara and Gandhinagar. As many as 150 officials are involved in searches that are going to continue tomorrow. Documents recovered show unaccounted income generated by JP Iscon group. Several pen drive and hard disks are recovered.

– DeshGujarat