‘Benami’ property value ₹100 crore seized in Maharashtra’s Jalna IT raid newest information of india


round In response to the report of stories company ANI, throughout the raids on the premises of two enterprise teams in Jalna, Maharashtra, benami belongings value 100 crores had been seized by the Earnings Tax Division. The belongings seized from a number of places of enterprise teams engaged in metal and actual property embrace: 56 crore money, 32 kg gold, diamonds and property papers.

The raids had been performed between August 1-8 after receiving actionable inputs on alleged tax evasion in opposition to the Jalna-based enterprise unit, PTI reported quoting officers.

In response to HT Marathi, 4 huge metal mills in Jalna had been suspected of evading revenue tax and finishing up money transactions with out absolutely recording the excess revenue of crores of rupees. After receiving inputs, a workforce of Earnings Tax Division from Nashik together with native officers raided the residences and workplaces of metal makers and merchants in Jalna on 1 August.

HT Marathi reported that the operation is known to have been carried out by 5 completely different groups on the similar time.

It took the officers round 14 hours to rely the money seized within the raid.

The Earnings Tax Division has reportedly seized essential paperwork of land, agriculture, bungalows and financial institution deposits and different transactions.




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