<h1>Income Tax Raids Uncover Rs. 200 Crore Tax Evasion in Chhattisgarh Steel and Coal Firms; Ongoing Probe.</h1> The Income Tax Department conducted search and seizure operations on December 22, 2021, targeting two major business groups in Raipur and Korba, Chhattisgarh, involved in iron and steel manufacturing, coal washery, and transportation. The operation covered over 35 locations across Raipur, Korba, Bilaspur, and Raigarh. Incriminating documents and digital evidence, including parallel cash books indicating unaccounted transactions exceeding Rs. 200 crore, were seized. Evidence suggests tax evasion through unrecorded cash sales and bogus invoices. One group admitted to Rs. 20 crore of undisclosed income, and unexplained cash and jewelry worth over Rs. 3 crore were seized. Investigations are ongoing.