The Income Tax (IT) Department has seized about Rs. 1 crore in cash and Rs. 65 lakh in fixed deposits from offices and residences of famous Punjabi singers and film producers.
The IT sleuths have also collected documents pertaining to property and bank accounts which will be scrutinised to unearth undisclosed income generated by the singers and producers, a senior official of the IT department said on Thursday.
The Department has also sealed 19 bank lockers of the raided persons. PTI