Agra/New Delhi:

The Income Tax department on Saturday recovered about Rs 40 crore “unaccounted” cash during raids against some Agra-based shoe businesses, official sources said.

The cash is still being counted and the figure may go up, the sources said.

They said a shoe trader in Uttar Pradesh’s Agra and his linked entities were raided in the afternoon and cash to the tune of Rs 40 crore has been recovered till now.

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