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The Times of India
The Times of India
National
TimesOfIndia

Income Tax seizes over Rs 6cr from Margao hawala operator

PANAJI: The income tax (I-T) department on Saturday seized over Rs 6 crore in cash from a hawala operator in Margao during the course of election surveillance. The department believes that the cash was brought for distribution among voters.

The department conducted the search action in Margao based on specific inputs from Goa’s IGP.

An income tax official said that they received information that the cash was in possession of a hawala operator at his residence at Margao. Accordingly, a warrant was executed by the department, and a search was conducted as per provisions of the Income Tax Act.

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