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I-T raids on edu group unearth Rs 43 cr stash 

Written By Indiagreat .in on Thursday, 29 September 2016 | 09:19:00

Income tax officials have recovered Rs 43 crore in unaccounted cash in raids on institutes owned by D K Adikeshavulu group, including Vydehi Medical College and Hospital in Bengaluru and Mallya Hospital. The searches carried out in Karnataka, Andhra, Tamil Nadu and Delhi in the 3 day operation started early on September 23. The seizure of Rs 43 crore is said to be the largest in Karnataka. Investigations revealed that the money related to cash donations collected from students during admission.
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