IT searches lead to cash seizures in two different cases in TN thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Searches were on at multiple locations
The Income Tax (I-T) Department seized unaccounted cash of over ₹8 crore following searches at residences of DMK and Marumalarchi Dravida Munnetra Kazhagam (MDMK) functionaries in Dharapuram, and at the Tiruppur-based Anitha HealthCare and Anitha Texcot India Private Limited.
The garment factory is owned by A. Chandrasekaran, who was appointed the treasurer of Kamal Haasan’s Makkal Needhi Maiam (MNM) in 2019.
Searches were on at multiple locations. So far, unaccounted cash to the tune of ₹8 crore had been found, sources in the Department said.
“This is unaccounted for, but it is difficult to claim that this is election money unless suitable evidence is found,” said another source in the Department.