I-T raids hawala dealers in Delhi; detects suspect transactions worth Rs 300 crore

The Income Tax department raided a number of hawala operators in Delhi and detected suspect transactions worth Rs 300 crore, the CBDT said on Tuesday. The raids resulted in the “seizure of unaccounted cash of Rs 14 crore and bullion worth Rs 2 crore”, it said.The Income Tax department raided a number of hawala operators in Delhi and detected suspect transactions worth Rs 300 crore, the CBDT said on Tuesday. The raids resulted in the “seizure of unaccounted cash of Rs 14 crore and bullion worth Rs 2 crore”, it said.