Income Tax Department conducts searches on a group engaged in organizing multi-state gaming activities, online betting, etc. Press Release dated on 24-02-2022
The Income Tax Department conducted search and seizure operations on a business group engaged in gaming activity, online betting (including cricket betting), etc. on 15.02.2022. Total of 29 premises spread over Mumbai, Delhi, Surat, Jaipur, Pune and Kolkata were covered. The search action revealed that the group was operating in a clandestine manner and had concealed its opera- tions and income from law enforcement agencies. The revenue generated by the group from its activities is largely in cash .The group operates from Mumbai and has a wide network of agents and area managers in different cities for collection of cash from large customer base who use the websites hosted on cloud servers by private operators.
