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Rs 65 crore illegal income of Karnataka hair exporters detected

<p>Income Tax raids on human hair exporters in Karnataka recently resulted in disclosure of Rs 65 crore and seizure of crores in cash and jewellery from them, said an official on Tuesday</p>

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Income Tax raids on human hair exporters in Karnataka recently resulted in disclosure of Rs 65 crore and seizure of crores in cash and jewellery from them, said an official on Tuesday. "Tax evasion even on income from hair offered by devotees in temples was found by our investigation directorate teams," said Joint Director G. Ramesh in a statement here. The tax sleuths raided hair exporters in the state and seized Rs 2.5 crore in cash, jewellery valued at Rs 5 crore and 140kg silver from their residences.

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