<h1>Income Tax Raid in Pune Uncovers Rs. 200 Crore Unaccounted Income in Manufacturing Group; Rs. 1 Crore Assets Seized.</h1> The Income Tax Department conducted a search and seizure operation on a manufacturing group in Pune on November 11, 2021. The operation spanned 25 locations across seven Indian cities, uncovering evidence of profit suppression through various malpractices, including artificial sales reductions and bogus expense claims. Related entities were found with unaccounted cash, property investments, and loans. The search resulted in the seizure of unaccounted cash and jewelry worth Rs. 1 crore, with three bank lockers restrained. The investigation revealed unaccounted income exceeding Rs. 200 crore, with the group admitting to Rs. 120 crore. Further investigations are ongoing.