« Top Headlines » Open DEMAT Account in 24 hrs  Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025  ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know  Shifted to new tax regime? Here are 5 investments you shouldn't drop  Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.  ITR Filing 2025: 6 Key Reporting Changes In ITR -2 Form That Taxpayers Must Know «  Letter of Raju (To Satyam Board, SEBI & SE)... Tax reforms necessary for JNNURM funds: Civic chief... » Rs 1.1 crore seized in IT raid January, 08th 2009 The income tax raid on former Chamarajpet MLA R V Devaraj and his associates on Tuesday yielded rich dividends, with the sleuths recovering Rs 1.1 crore cash. The officials also unearthed a huge haul of documents pertaining to undervalued properties. Department sources said apart from Devaraj's house and office, the raids targeted his associates -- Loki alias Lokesh, and his four brothers Pune, Prabhu and Govindappa. "It was a long pending case and the sleuths had kept them under surveillance,'' an official said. Though all of them filed income tax returns, valuation of properties they held was shown as being much lesser than market value . "The raided persons have given an undertaking to declare the true property value and pay tax,'' the official added.