<h1>Tax Raids Uncover Rs. 700 Crore in Unaccounted Income from Tamil Nadu Civil Contracting Group; Ongoing Investigations.</h1> The Income Tax Department conducted searches on December 14, 2020, targeting a prominent civil contracting group in Tamil Nadu, covering 15 locations in Erode and Chennai. This group, involved in government projects and various businesses, was found with Rs. 21 crore of unaccounted cash. Investigations revealed inflated expenses and cash kickbacks, leading to an estimated Rs. 700 crore in unaccounted income, which was invested in real estate and business growth. The group has admitted to Rs. 150 crore of undisclosed income. The search resulted in the detection of significant unaccounted income, and further investigations are ongoing.