Visakhapatnam: Income Tax department seized unaccounted gold from two jewellers in Vijayawada and Guntur in the past two days of searches. The searches yielded around 25kg of gold which was not accounted for in the books. Three to four teams of the IT investigation wing carried out searches at the jewellery showrooms, where they found jewellers procuring unaccounted gold from Mumbai, Kolkata, and Gujarat. It may be recalled that IT teams seized unaccounted gold worth over 80 crore from three jewellers of Proddatur in YSR Kadapa district in October. The raids led to closure of jewellery shops in Proddatur. TNN
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