Friday, September 14, 2007

Tea vendor paid Rs 8 lakh as income tax

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A vendor who sells tea and snacks in Pali district paid Rs 8 lakh ( US$ 20,000) as income tax after officials found undeclared assets worth Rs 25 lakh(US$ 62,500). The vendor, whose stall is in Rohit village on the Jodhpur-Pali road in Rajasthan state of India, paid the amount yesterday.

The officials also seized Rs 1 crore in cash during a raid on a gutkha manufacturer’s premises.

The raids were conducted at the premises of the businessman located in Jodhpur, Mumbai, Udaipur, Kota, Bikaner and Ajmer

During the raids, jewellery worth several lakh rupees were also found from four lockers owned by the businessman.

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