ACB raids on Commercial Tax officer

     Written by : SMTV24x7 | Sat, Aug 05, 2017, 12:46 PM

ACB raids on Commercial Tax officer

Hyderabad, Aug 05: The ACB officials have conducted raids on Assistant Commercial Tax Officer and seized assets worth Rs 1.85 crore in Jadcherla of Mahabubnagar district here on Friday.

While coming to details, On credible information a case of disproportionate assets was registered against B Surender Goud and simultaneous searches were conducted by ACB officials at his residence and his relatives homes, ACB officials said.



During the searches it was revealed that the officer had acquired two houses, 40 acres of agriculture land, seven open plots, two cars, it said. Surender also had a bank balance of Rs 8 lakh, household articles worth Rs 5 lakh among others in his name and in the names of his family members, it said.

"The document value of these properties is approximately Rs 1.85 crore while the market value is approximately Rs. 6 crore," the release said. The case is under investigation.