I-T dept unearths undisclosed income of Rs 6-crore in Madhya Pradesh

The income tax department in Indore on Tuesday unearthed undisclosed income to the tune of over Rs6 crore following raids conducted at nine business establishments in Western Madhya Pradesh.

I-T officials said undisclosed income of Rs51 lakh was found from a firm doing business in seeds here.

Similarly, during raids conducted at various establishments in Barwani about 15 kms from Indore, I-T sleuths found  undisclosed income to the tune of Rs4.80 crore from two hospitals and one medical investigation centre.

They also unearthed undisclosed income of Rs51 lakh from two Sarafa businessmen, Rs41 lakh from a machinery seller and Rs25 lakh from two readymade garment dealers.