I-T department unearths Rs 1,000-cr in tax evasion

New Delhi: The income tax department has unearthed alleged tax evasion to the tune of Rs 1,000 crore after it raided a Delhi-based business house that is under its scanner for hawala dealings with links to the multi-crore VVIP choppers scam case, the CBDT said on Wednesday.

The Central Board of Direct Taxes, which frames policy for the department, issued a statement saying the business house that was searched is engaged in various e-governance projects and financial services.