I-T dept detects unaccounted transactions exceeding Rs 100 cr across country
Darpan News Desk IANS, 22 Nov, 2022 12:06 PM
New Delhi, Nov 22 (IANS) The Income Tax Department on Tuesday said that it has unearthed unaccounted transactions exceeding Rs 100 crore during searches on a few groups engaged in jewellery and real estate business across the country in connection with alleged tax evasion.
According to an official, on November 17, the searches were carried out in more than 30 locations spread across Patna, Bhagalpur, Dehri-on-Sone, Lucknow and Delhi.
During the searches, a large number of incriminating documents and digital evidence indicating evasion of income tax were found.
In one of the raids, analysis of seized evidence revealed that the group engaged in the business of gold and diamond jewellery, had invested its unaccounted income in cash purchase of jewellery, renovation of shops and immovable properties.
It had unaccounted money of over Rs 12 crore in its books of account, in the garb of advance from customers.
Upon physical verification of stock, during the search action, unaccounted stock of more than Rs 12 crore were found.
In the case of another group engaged in real estate business, evidence of unaccounted cash transactions in purchase of land, construction of buildings and sale of apartments, were found.
Evidence seized in the case of a prominent land broker has further corroborated the above unaccounted transactions. The quantum of such unaccounted cash transactions is more than Rs 80 crore. The unaccounted income so earned by the key persons of the group has been invested in acquisition of many immovable properties, including large parcels of land.
"During the search operations, unaccounted cash and jewellery worth more than Rs 5 crore have been seized. A total of 14 bank lockers have been put under restraint. So far, the search action has led to detection of unaccounted transactions exceeding Rs 100 crore," said the official.
According to Dhami, Jagdish Tytler is the main accused in the 1984 anti-Sikh riots in Delhi who can never be forgiven by the Sikh community. "Visiting the Golden Temple while wearing a t-shirt with Tytler's picture on it is an act of annoying the Sikhs," said Dhami.
According to the police, the incident took place when the victims reached the other track to avoid the train coming from one side. All three died on the spot. The deceased have been identified as Faizan Ahmed, Adil and Sahul.
A day after convicts in the infamous Bilkis Bano case were released, Congress leader Manish Tewari on Tuesday took up the case of Sikh prisoners languishing in jails and called for a uniformity in the definition of remission policy. "There must be uniformity across the country about definition of life imprisonment & remissions permissible".
Lakhs of Punjabis, who lost their lives during the 1947 India-Pakistan Partition of the country, were remembered at Akal Takht on Tuesday. A special Ardas Samagam (prayer congregation) was organised in this regard at Akal Takht, in which, tributes were paid to lakhs of people who lost their lives during the country's Partition.
The incident took place in Baraut town and the motive behind it is said to be a property dispute. Circle Officer (CO) Yuvraj said that the deceased included Brijpal, 60, Jyoti, 24 and Anuradha, 17.
The Chief Minister said these clinics will be opened in every nook and corner of the state, adding, that in big villages, two such clinics will be opened for the convenience of the people. He said in the first phase, 75 such Aam Aadmi clinics have been dedicated to people to mark the 75th Independence Day.
