<h1>Income Tax Raids Uncover Rs. 250 Crore Tax Evasion by Lead Manufacturers in West Bengal and Uttar Pradesh.</h1> The Income Tax Department conducted search operations on December 7, 2021, targeting two major manufacturers and suppliers of refined lead and related products in West Bengal and Uttar Pradesh. The investigation revealed that these entities engaged in tax evasion by making bogus purchases totaling approximately Rs. 250 crore, using fabricated documents such as stock registers and transport documents. Evidence showed over-invoicing of raw materials and cash transactions involving unaccounted investments in properties. Jewellery worth Rs. 53 lakh was seized, with four bank lockers pending examination. Further investigations are ongoing.