From The Hindu, August 29, 1975: Details of IT raid on Gwalior palace

New Delhi, Aug. 28: Income-tax raids at the premises belonging to Mrs. Vijaya Raje Scindia of Gwalior and other members of the former ruling family have revealed “extensive tax evasion and concealed wealth”, says an official press release.

Documents indicating transfer of “substantial amounts” of funds in a “surreptitious manner” out of India have been seized.

During the search of the Gwalior Palace, the tax men discovered silver and silver articles weighing 53 quintals, which would be worth about Rs. 53 lakhs.

The jewellery found in the strong room in the palace is being valued by the registered valuer from a reputed firm. So far about 40 per cent of the total quantity of jewellery found has been valued at Rs. 35 lakhs.