Income Tax dept raises Rs 55 crores from selling Nirav Modi paintings

<strong>Mumbai:</strong> The income tax department Tuesday evening auctioned the artworks owned by the absconding diamantaire Nirav Modi, who fled the country after duping state-run lender PNB of a whopping Rs 14,000 crore, for Rs 59.37 crore. Of the gross proceeds, the department will get a net of Rs 54.84 crore,

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