Income Tax officials go proactive with series of search operations after Demonetization in Hyderabad.
IT officials conducted raids on an apartment and recovered cash after they intercepted few people at Telugu Academy, Himayatnagar on December 16, who ran into an apartment.
IT officials and Hyderabad police stopped a Honda Activa at Tank Bund and found cash worth Rs. 30 lakh in Rs. 2,000 denomination.
At least 50 cases of black money hoarding and Rs. 250 crore of unaccounted income from Hyderabad.