Blackmoney case against Moin Qureshi deferred for December

The proceedings in an Income Tax Department's blackmoney case allegedly involving businessman Moin Akhtar Qureshi could not take place today in a Delhi court as the IT officials failed to bring complete records.
Additional Chief Metropolitan Magistrate Pritam Singh adjourned the matter for December after the court was informed that income tax officials were unable to bring complete documents due to some exigency.
The case is at the stage of recording pre-charge evidence.
The court had earlier granted bail to meat exporter Qureshi and one of his staff, who were summoned by the court as an accused in the black money case filed by IT Department for allegedly not disclosing his income of nearly Rs 20 crore.

Summons were issued against Qureshi and his employee Aditya Sharma on January 30.
While granting bail, the court had imposed condition on both the accused that they should not leave the country without its prior permission.

The court had earlier taken cognisance of IT department's complaint under various provisions of the IT Act relating to making false statement and the IPC for the alleged offences of criminal conspiracy, giving or fabricating false evidence in a judicial proceeding.
The complaint had said the department had questioned Qureshi on February 15, 2014 at his residence here in connection with its probe.
During questioning, Qureshi made a false statement when he was asked about his income and assets and those in the names of his family members or associates, the complaint has alleged, adding he was asked to furnish the list of lockers in banks.

As per the complaint, Qureshi had told the officials that he has only one locker with HSBC Bank's South Extension branch but during investigation, the department found that he had 11 lockers which were in the names of his employees and associates but the articles belonged to the businessman.
The lockers were operated by Qureshi's employees of A M Q Group on his instructions, it had said.
It had claimed that over Rs 11.26 crore in cash and jewellery worth over Rs 8.35 crore were found in the lockers.
Later, Qureshi had also admitted that the money and the articles belonged to him and surrendered everything to the department, saying it could deduct the income tax from the seized money and return rest of the articles to him.

Regarding Sharma, the department had alleged that he had tried to mislead it by making false statement regarding the lockers.