<h1>Income Tax Department Uncovers Rs. 100 Crore Evasion by Road Contractor in Bihar and Jharkhand; Cash and Assets Seized.</h1> The Income Tax Department conducted search operations on a major road construction contractor in Bihar and Jharkhand, uncovering significant tax evasion practices. The searches, initiated on October 27, 2021, spanned several states and revealed the contractor's methods of inflating expenses and suppressing profits. Incriminating documents, including handwritten diaries, were seized, exposing unaccounted cash transactions and investment in immovable properties. The operation uncovered unaccounted income of approximately Rs. 100 crore, with Rs. 5.71 crore in cash seized and ten bank lockers restrained. Investments worth about Rs. 60 crore are under verification, and further investigations are ongoing.