The Income Tax department ended its "surveys" over alleged tax evasion at the residence and office premises of Raghav Bahl, founder of news portal The Quint, after over 24 hours.
According to the officials, a team which reached the residence of Bahl -- the former head of Network18 TV -- in Noida in Uttar Pradesh on Thursday morning around 6 am left on Friday morning at around 7.30 am
However, it was yet not clear which documents and other evidence were seized by the I-T team.
A senior tax official on Thursday told IANS that surveys were also carried out at the premises of three other persons over the issue of "bogus long-term capital gains obtained from the sale of some particular companies. This issue is about Rs 100 crore worth. We are particularly looking at the tax evasion angle," the official said.
The Editors Guild has expressed concern over the government action, saying "motivated income tax searches and surveys" will undermine media freedom.
The Guild noted that Bahl had to warn the officials that if they tried to touch anything not relevant to tax issues, he "shall seek extremely strong recourse".
The tax official said the three others covered under the tax surveys were Kamal Lalwani, Anup Jain and Abhimanyu Chaturvedi.
In a note to the Editors Guild, Bahl had said The Quint was a "fully tax compliant entity" and would provide all access to all appropriate financial documents.
The Editors Guild said in a statement that while the Tax Department was "within its right to make inquiries", it should not exercise its powers in a way that could be seen as an "intimidation of the government's critics".
It said it was "perturbed" over Bahl's statement that he had to strongly advise the tax officials that they should not try and pick up or see any other mail or document which was likely to contain sensitive journalistic material.
--IANS
aks/hs
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
