Income Tax Department Raid

As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.

The Income Tax department executed a series of raids on Banshidhar Tobacco Company, unearthing a complex web of financial manipulations that extend across various states and even overseas.

The Income Tax department initiated search and seizure operations in the case of a group engaged in the manufacturing of wires, cables and other electrical items on December 22, 2023, the agency said in a statement on Wednesday.

BJP MPs led by J P Nadda held a protest in the Parliament Complex, alleging the cash seized by the income tax department on a distillery company linked to a Congress Rajya Sabha MP proved that the opposition party was "neck-deep" in corruption.

The seizure of cash from some premises linked to Congress MP Dhiraj Prasad Sahu in Income Tax department raids shows how the grand old party has kept the tradition of corruption alive generation after generation, the BJP said on Saturday.

With the Income Tax Department recovering over Rs 250 crore of unaccounted money in ongoing raids on Odisha-based distilleries, Union minister Dharmendra Pradhan on Saturday sought to know the source of "benami wealth" seized from the liquor traders.

In what is likely India's biggest cash recovery in income tax raids, at least Rs 290 crore in hard cash has been recovered so far during raids in three states since yesterday.

"Unaccounted" cash amounting to around Rs 250 crore is expected to be recovered through searches being conducted by the income-tax department against a Odisha-based distillery group and entities linked to it, official sources said on Friday.

The Income-tax department on Tuesday launched multi-state searches against the Som Group, a prominent player in the liquor manufacturing and sale field, as part of a tax evasion investigation, official sources said.

The Karnataka BJP on Tuesday staged a demonstration here demanding a CBI investigation into the recovery of huge amounts of cash in the recent I-T raids in Karnataka and some other states.

The Income Tax department has seized Rs 94 crore in cash as well as gold and diamond jewellery worth Rs 8 crore and 30 luxury watches following raids on government contractors and real estate developers in Karnataka and some other states.

Newly constructed flats and a building complex in Varanasi and bank deposits worth about Rs 50 crore have been attached under the anti-benami properties law by the Income Tax department as part of its probe.

Congress leader Sachin Pilot on Thursday accused the Centre of misusing central agencies and said that the entire country is watching how AAP leader Sanjay Singh was arrested.

The income tax department conducted searches at the premises of Apple supplier Flex in Tamil Nadu, a source said on Wednesday.

The Income Tax department suspected a tax evasion of more than Rs 800 crore by senior Samajwadi Party leader Azam Khan after it conducted raids on him and people associated with him for three days, official sources said on Friday.

As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.

The Income Tax department executed a series of raids on Banshidhar Tobacco Company, unearthing a complex web of financial manipulations that extend across various states and even overseas.

The Income Tax department initiated search and seizure operations in the case of a group engaged in the manufacturing of wires, cables and other electrical items on December 22, 2023, the agency said in a statement on Wednesday.

BJP MPs led by J P Nadda held a protest in the Parliament Complex, alleging the cash seized by the income tax department on a distillery company linked to a Congress Rajya Sabha MP proved that the opposition party was "neck-deep" in corruption.

The seizure of cash from some premises linked to Congress MP Dhiraj Prasad Sahu in Income Tax department raids shows how the grand old party has kept the tradition of corruption alive generation after generation, the BJP said on Saturday.

With the Income Tax Department recovering over Rs 250 crore of unaccounted money in ongoing raids on Odisha-based distilleries, Union minister Dharmendra Pradhan on Saturday sought to know the source of "benami wealth" seized from the liquor traders.

In what is likely India's biggest cash recovery in income tax raids, at least Rs 290 crore in hard cash has been recovered so far during raids in three states since yesterday.

"Unaccounted" cash amounting to around Rs 250 crore is expected to be recovered through searches being conducted by the income-tax department against a Odisha-based distillery group and entities linked to it, official sources said on Friday.

The Income-tax department on Tuesday launched multi-state searches against the Som Group, a prominent player in the liquor manufacturing and sale field, as part of a tax evasion investigation, official sources said.

The Karnataka BJP on Tuesday staged a demonstration here demanding a CBI investigation into the recovery of huge amounts of cash in the recent I-T raids in Karnataka and some other states.

The Income Tax department has seized Rs 94 crore in cash as well as gold and diamond jewellery worth Rs 8 crore and 30 luxury watches following raids on government contractors and real estate developers in Karnataka and some other states.

Newly constructed flats and a building complex in Varanasi and bank deposits worth about Rs 50 crore have been attached under the anti-benami properties law by the Income Tax department as part of its probe.

Congress leader Sachin Pilot on Thursday accused the Centre of misusing central agencies and said that the entire country is watching how AAP leader Sanjay Singh was arrested.

The income tax department conducted searches at the premises of Apple supplier Flex in Tamil Nadu, a source said on Wednesday.

The Income Tax department suspected a tax evasion of more than Rs 800 crore by senior Samajwadi Party leader Azam Khan after it conducted raids on him and people associated with him for three days, official sources said on Friday.