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Rs 650 crore found under concealed income from Cafe Coffee Day income tax raid

The Income Tax raid on the owner of Cafe Coffee Day that started on September 21 went on until September 24, revealed a huge sum of Rs 650 crore under concealed income. The search operation was conducted in around 25 places in Chennai, Mumbai and Karnataka in Cafe Coffee Day and its group of companies. The officials have reportedly seized a number of documents related to their property and business transactions.

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