Ferrari To Lamborghini: Supercars Worth Over Rs 60 Crore Seized From Tobacco Tycoon's Delhi Home

The vehicles have been seized by the Income Tax Department as part of the raids conducted by around fifteen to twenty teams across five states.
Shivam Mishra Times Drive

A wide variety of cars seized include Rolls Royce, Porsche, and others

The Income Tax Department has seized multiple luxury cars in raids on the property of a Kanpur-based tobacco company owner in Delhi. This list of cars seized in the raids includes ultra-luxurious and expensive models from brands like Rolls Royce, Porsche, and Lamborghini all bearing the 4018 number plates. As per reports, the collective value of all the vehicles seized is estimated to be Rs 60 crores.
The Income Tax Department conducted a series of raids on Kanpur-based Banshidhar Tobacco Company and discovered a possibility of financial manipulations in the records. These raids were part of an operation conducted by fifteen to twenty teams across five states and twenty locations covering Delhi, Kanpur, Mumbai, and cities in Gujarat. As per reports, the investigation also hints towards hidden assets in the form of gold and cash.
The IT department found a Rolls Royce Phantom worth around Rs 16 crore at Shivam Mishra's home in Delhi's Vasant Vihar. Meanwhile, there were other vehicles such as the Porsche Cayenne, Lamborghini Urus, and McLaren 720s among others.
Banshidhar Tobacco Private Limited is one of the big names in the tobacco industry and is a supplier of products for major pan masala groups. Based on various reports, the company reported an income of Rs 20 to Rs 25 crore while the actual turnover was multiple folds more than the reported amount.
Banshidhar Tobacco Private Limited has been active in the manufacturing businesses for the past 32 years. The company is currently operational and is being managed by the board members and directors namely Usha Mishra, Krishna Kumar Mishra, and Shivam Kumar Mishra.
The company's proprietor, who resides in Aryanagar, has moved his business operations from Kanpur to Delhi and now lives there. The factory of the business is situated in Ahmedabad. For the last few months, the Income Tax Department has been keeping a close watch on the company's financial accounts and tax returns.
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