IT raid uncovers Rs 18 crore cash stash in Dharwad residence ahead of Lok Sabha elections

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Published April 16, 2024 at 9:31pm

Update April 16, 2024 at 9:32pm

    Basavaraja Duttanna's residence raided in Dharwad by IT officials

    Uncover a staggering Rs 18 crore in cash stored in the house's locker

    IT raids carried out by 20 IT officials in 10 vehicles

In a startling revelation, Income Tax (IT) officials raided a residence in Dharwad, uncovering a staggering Rs 18 crore in cash stored in the house’s locker. The operation, carried out by more than 20 IT officers in 10 vehicles, has sent shockwaves across the state.

The targeted residence, belonging to Basavaraja Duttanna, located in Dasanakoppa Arna Apartment in Dharwad city, became the epicenter of the investigation. Senior officials, including ACP Basavaraj, have inspected the scene, highlighting the gravity of the situation.

Also read: Bengaluru: More than 10 outlets of Meghana Foods raided by IT Department

Today’s meticulously planned operation saw a thorough examination of documents relating to the discovered cash, raising eyebrows particularly due to its timing during the Lok Sabha elections. The IT officials remain steadfast in their pursuit of uncovering the origins and purpose behind this substantial amount of money.

Initial reports suggested that the Excise Department had initially raided the house suspecting the presence of liquor. However, their search led to the unexpected discovery of the significant cash reserve. Further investigation has revealed that the entire apartment was rented, raising suspicions about the source of the accumulated funds.

As the IT raid continues and scrutiny intensifies, the public awaits further developments in what is shaping up to be a significant financial investigation with potential implications beyond the borders of Dharwad.

IT raid uncovers Rs 18 crore cash stash in Dharwad residence ahead of Lok Sabha elections

https://newsfirstprime.com/wp-content/uploads/2024/04/Dharwad-IT-Raid.jpg

    Basavaraja Duttanna's residence raided in Dharwad by IT officials

    Uncover a staggering Rs 18 crore in cash stored in the house's locker

    IT raids carried out by 20 IT officials in 10 vehicles

In a startling revelation, Income Tax (IT) officials raided a residence in Dharwad, uncovering a staggering Rs 18 crore in cash stored in the house’s locker. The operation, carried out by more than 20 IT officers in 10 vehicles, has sent shockwaves across the state.

The targeted residence, belonging to Basavaraja Duttanna, located in Dasanakoppa Arna Apartment in Dharwad city, became the epicenter of the investigation. Senior officials, including ACP Basavaraj, have inspected the scene, highlighting the gravity of the situation.

Also read: Bengaluru: More than 10 outlets of Meghana Foods raided by IT Department

Today’s meticulously planned operation saw a thorough examination of documents relating to the discovered cash, raising eyebrows particularly due to its timing during the Lok Sabha elections. The IT officials remain steadfast in their pursuit of uncovering the origins and purpose behind this substantial amount of money.

Initial reports suggested that the Excise Department had initially raided the house suspecting the presence of liquor. However, their search led to the unexpected discovery of the significant cash reserve. Further investigation has revealed that the entire apartment was rented, raising suspicions about the source of the accumulated funds.

As the IT raid continues and scrutiny intensifies, the public awaits further developments in what is shaping up to be a significant financial investigation with potential implications beyond the borders of Dharwad.

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