I-T raids Boudh Distilleries Pvt Ltd in Odisha, Jharkhand, recovers Rs 50 crore cash

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I-T raids Boudh Distilleries Pvt Ltd in Odisha, Jharkhand, recovers Rs 50 crore cash


Image Source : ANI Cash recovered in IT raids in Odisha and Jharkhand

The Income Tax Department carried out raids at Boudh Distilleries Private Limited in Odisha and Jharkhand and recovered an enormous cache of foreign money notes from the premises linked to the corporate until yesterday, I-T division sources mentioned on Thursday ((*50*) 7).

According to the officers, searches had been carried out at Bolangir & Sambalpur in Odisha and Ranchi, Lohardaga in Jharkhand.

“Counting of notes up to an amount of Rs 50 Crores completed till yesterday but since the number of notes is so high the machines stopped working,” sources mentioned.

Details about Boudh Distilleries Private Limited

According to the corporate’s web site, it’s Group headquartered in Odisha, comprising of 4 corporations throughout 6 enterprise divisions. The group operates throughout Odisha.

“Companies include Boudh Distillery Private Limited (ENA, CO2, DDGS), Baldeo Sahu Infra Private Limited (Fly Ash Bricks) Kwality Bottlers Private Limited (IMFL Bottlling) and Kishore Prasad Bijay Prasad Beverages Private Limited (Sales & Marketing of IMFL brands),” the web site mentioned.

(With ANI inputs)

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