Shocking but true! During a surprise IT raid, an astounding amount of cash worth Rs. 3.5 crores were uncovered from a reputed Kolkata-based gynecologist. The doctor failed to produce documents pertaining to the uncovered cash. The Kolkata-based gynecologist had come under IT department’s suspicious eye since several discrepancies in IT returns were observed.
The doctor is an IVF expert and receives patients from all over Kolkata daily. The IT department had information that concerned doctors had illegally converted crores of black money to white after demonetization. These raids were aimed to uncover such unaccountable cash. Source: Millennium post In your opinion, what would prompt doctors to not declare their wealth or pay their taxes?