Ajit Pawar's relatives and two real estate groups of Rs. 184 crore black money seized

The income tax department raided 70 places

IT operations in Mumbai, Pune, Baramati, Goa, Jaipur cost Rs 2.13 crore in cash and Rs. 4.32 crore jewelery also seized

New Delhi: The Income-tax department has raided two Mumbai-based real estate business groups and some relatives of Maharashtra Deputy Chief Minister Ajit Pawar and seized unaccounted income of Rs 184 crore, sources said in a statement. The CBDT, the top decision-making body of the Income Tax Department, said in a statement that the Income Tax Department had raided 70 places in Mumbai, Pune, Baramati, Goa and Jaipur.

The CBDT said the income tax department had found evidence of unaccounted and anonymous transactions during the raid. The income tax department, without naming the real estate business group, said documents seized during the raid proved that the group had earned unaccounted income of Rs 184 crore.

Pawar told the media that on the same day that the groups were raided, his three sisters were also raided by the income tax department. One of the three sisters lives in Kolhapur district of Maharashtra and two sisters live in Purne district. According to the CBDT, cash worth Rs 2.13 crore and jewelery worth Rs 4.32 crore were also recovered during the raid.

This unaccounted income was obtained through bogus share premiums, dubious unsecured loans. This unaccounted income was used for investments in offices in prime locations in Mumbai, flats in posh areas of Delhi, farmland in Maharashtra and sugar mills.