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Tax Raids Seize Rs 170 Crore From Nanded Finance Firms

The Income Tax Department confiscated unreported assets valued at Rs 170 crore, during a 72-hour raid on finance firms in Nanded, Maharashtra. This included Rs 14 crore in cash and 8 kg of gold. The raid targeted Bhandari Finance and Adinath Urban Multistate Co-operative Bank. Counting the recovered cash alone took officials approximately 14 hours.

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