Liquor baron Ponty Chadha had hit the front page three months back as the Income Tax department conducted raids at various properties owned and managed by the group. The earlier reports had estimated nearly Rs 175 crore of undisclosed funds during the raid.

As per recent reports, IT department has received Rs 54 crore as tax from Ponty Chadha group. As per news agency PTI sources, the income tax department will also collect penalty on the undisclosed income.