Khandwa: A "survey" conducted by Income Tax officials against a private firm has detected an undeclared income of Rs 3.5 crore, sources said on Tuesday.

The survey was going on since Monday at five premises of the firm in Khandwa and Indore, following which the family-owned firm submitted a declaration showing Rs 3.5 crore as total income, they said.

The firm is a wholesaler in edible oil, sugar and foodgrains.

A team of IT officials led by Joint Commissioner G S Gautam conducted the survey, the sources added.


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