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Income Tax Department inspects Onion Traders In Maharashtra, Delhi, Madhya Pradesh

The Income Tax officials checked account books of some wholesale dealers against physical stocks of the commodity and its delivery to buyers as part of a tax evasion probe

twitter-logo PTI        Last Updated: November 12, 2019  | 14:38 IST
Income Tax Department inspects Onion Traders In Maharashtra, Delhi, Madhya Pradesh
The Income Tax Department examined the onion stocks

The Income Tax Department on Monday scrutinized onion traders in Maharashtra, Delhi and Madhya Pradesh following reports of alleged sales of the commodity amid its skyrocketing prices, officials said.

They said Income Tax officials checked account books of some wholesale dealers against physical stocks of the commodity and its delivery to buyers as part of a tax evasion probe.

The department is examining the onion stocks as its prices have shot up to about Rs 100 a kilogram in various markets and there are reports of hoarding, they said.

Only business premises of stockists in Maharashtra, Delhi and Madhya Pradesh were surveyed, they added. Some digital evidence and incriminating documents have been found and are being analysed, according to the officials.

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