The Income Tax department has found a fleet of luxury cars at a Delhi residence. During the raid, luxury cars worth Rs 60 crore were found which included Rolls-royce, Phantom worth Rs 16 crore. The other luxury brand cars included Mclaren, Lamborghini Ferrari, Rolls-Royce. Raids have been conducted at 20 locations of a private company including Kanpur, Delhi, Mumbai and Gujarat.
As per reports, cars were found at the residence of Shivam Mishra, son of the owner of ‘Banshidhar Tobacco Company’. Along with this, Rs 4.5 cr cash, documents have also been recovered by the I-T department.
According to sources, the tobacco company was issuing fake checks to the company shown in the accounts. Income Tax officials have also raided the businessman’s bungalow in Kanpur and Delhi.
