Rs7 crore worth assets found in income tax raids in Udaipur

The income tax department raided nine premises of two businessmen and found undeclared assets worth Rs7.47 crore.

One of the businessmen is marble trader Heera Lal Kataria whose offices and homes were raided by income tax sleuths in Savina and Ambavgarh area, official sources said today.

The team found undeclared assets including cash worth Rs41 lakh, ornaments worth Rs 1.2 crore and documents of properties valued Rs6 crores.