<p>Income tax sleuths on Saturday raided Gopalan Enterprises and seized a bunch of documents.<br /><br /></p>.<p>They said they had noticed huge discrepancies between deposits and sales. The officials suspect various people are using the company's accounts to stash away money.<br /><br />Amounts not taxed are showing up in the accounts, and deposits are not matching sales, they said. The sleuths are also analysing documents seized on Friday from the houses and offices of other realtors and contractors.<br /><br />Official in custody<br /><br />The Special Lokayukta court on Saturday remanded Jayachandra, chief project officer with Karnataka State Highway Development Project, in judicial custody till January 6, 2017.<br /><br />Sleuths said they had found about Rs 5 crore in new Rs 2,000 notes, besides a Porsche and a Lamborghini, at his house. Anti-Corruption Bureau sleuths, who had detained him on Friday, produced him before the court on Saturday.</p>
<p>Income tax sleuths on Saturday raided Gopalan Enterprises and seized a bunch of documents.<br /><br /></p>.<p>They said they had noticed huge discrepancies between deposits and sales. The officials suspect various people are using the company's accounts to stash away money.<br /><br />Amounts not taxed are showing up in the accounts, and deposits are not matching sales, they said. The sleuths are also analysing documents seized on Friday from the houses and offices of other realtors and contractors.<br /><br />Official in custody<br /><br />The Special Lokayukta court on Saturday remanded Jayachandra, chief project officer with Karnataka State Highway Development Project, in judicial custody till January 6, 2017.<br /><br />Sleuths said they had found about Rs 5 crore in new Rs 2,000 notes, besides a Porsche and a Lamborghini, at his house. Anti-Corruption Bureau sleuths, who had detained him on Friday, produced him before the court on Saturday.</p>
