<h1>Income Tax Raid Uncovers Rs. 40 Crore in Undisclosed Funds and Assets in Delhi-Mumbai Business Operation.</h1> The Income Tax Department conducted a search and seizure operation on a business group in Delhi and Mumbai involved in hospitality, marble, lights trading, and real estate. The operation covered 18 locations and uncovered significant evidence of undisclosed funds exceeding Rs. 40 crore parked abroad in low-tax jurisdictions. The group invested these funds in its Indian hospitality business through Malaysian companies. Evidence also revealed undisclosed investments in foreign companies and properties, unaccounted cash sales in India, and excess stock worth Rs. 30 crore. Additionally, undeclared jewelry valued at Rs. 2.5 crore was seized. Further investigations are ongoing.