I-T raids at 42 places in country

NEW DELHI The Income Tax Department has recovered cash and jewellery worth about Rs 5.26 crore af ter it carried out multi-city raids against hawala operators and individuals who prepare fake bills, the CBDT said on Tuesday. The searches were carried out on Monday at 42 premises in Delhi-NCR, Haryana, Punjab, Uttarakhand and Goa, it said. The action was carried out against "a large network of individuals running the racket of entr y operation (hawala like operation) and generation of huge cash through fake billing", officials said.