<h1>Income Tax Raids in Maharashtra Reveal Over Rs. 100 Crore in Unaccounted Income from Sand, Sugar, and Construction Sectors.</h1> The Income Tax Department conducted searches on two business groups in Maharashtra on August 25, 2022, uncovering significant tax evasion practices. The operations spanned over 20 locations in Solapur, Osmanabad, Nashik, and Kolhapur. Incriminating evidence revealed tactics like bogus expenses, undisclosed cash sales, and unexplained loans. One group, involved in sand mining and sugar manufacturing, had unaccounted cash sales exceeding Rs. 15 crore and bogus unsecured loans. The other group, in healthcare and road construction, was found with undisclosed income of Rs. 35 crore. Overall, unaccounted income of over Rs. 100 crore and undisclosed assets of Rs. 5 crore were detected. Investigations continue.