Suspended IAS couple Arvind Joshi and Tinu Joshi had allegedly carried out transactions in share market worth over Rs 300 crore, sources in Income Tax department said on Saturday.
Market regulator SEBI provided details of the transactions carried out by the couple between August 2007 and February 2010 to the IT department on Friday, the sources added.
In the purchase and sale of the shares, a local broker Sandeep Chadha had helped the couple who too had been grilled.
The IT department had sought information from SEBI after it found documents pertaining to share transactions worth Rs 130 crore carried out by the couple during raids at their places in February this year.
Top IT officials and Joshis could not be contacted for their version on the issue as they did not answer the calls.
The raids were conducted at the residence of the then Principal Secretary Joshi and Tinu, retired IAS officer MA Khan, two Executive Engineers and private insurance company officials and agents among others.