Income tax department conducts raid in Srinagar

Srinagar: The Income Tax Department on Saturday conducted a raid at the house of a businessman in Srinagar outskirt area.

Quoting unnamed sources, Kashmir News Trust (KNT) reported that the raid was conducted at the house of one Muhammad Maqbool in Harwan area of Srinagar.

Last month, the same department had conducted raids against a Kashmir-based group engaged in various businesses and seized Rs 1.82 crore in cash and jewellery worth Rs 74 lakh.

The raid at Harwan was underway when this report was being filed. KNT