IT Raids

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The Enforcement Directorate on Thursday conducted multi-state searches in a money laundering case linked to alleged fake GST input tax credit claim of Rs 650 crore, official sources said. The raids were being carried out at several locations in Arunachal Pradesh, Haryana, Delhi, Tamil Nadu and Telangana by the Guwahati office of the federal probe agency, sources said. The action is being undertaken under the Prevention of Money Laundering Act, they said.

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The Income Tax Department on Wednesday conducted searches at the locations linked to former Chhattisgarh minister Amarjeet Bhagat and others, including businessmen in the state, officials said. The reason behind the I-T department's action was not immediately known. The state's Economic Offences Wing/Anti-Corruption Bureau recently lodged an FIR in an alleged coal levy scam based on a complaint of the Enforcement Directorate which had launched a probe into the scam during the previous Congress government. Amarjeet Bhagat, who was a minister in the previous Bhupesh Baghel-led Congress government, is among the 35 accused named in the FIR. According to officials, the searches were underway since early Wednesday morning in different districts including Surguja, Raipur, Durg and Rajnandgaon. A team of a dozen I-T personnel reached the residence of Bhagat in Ambikapur city, the headquarters of Surguja district, early this morning, an official said. Police personnel were seen deployed .

The Income-Tax department on Thursday searched major real estate groups based in Noida, Uttar Pradesh as part of a tax evasion investigation against them, official sources said. The premises of realty groups like Bhutani Infra, Group 108, Logix and some other companies were raided by the tax department, they said. A total of 37 premises in Noida, Delhi and neighbouring Faridabad (Haryana) have been covered during the searches that were launched after noon, the sources said. There was no immediate response from Bhutani Infra, Logix Group and Group 108 when contacted by PTI. The books of accounts and inventories of these groups were looked into by the search teams, the sources said, adding that the raids were going on. Bhutani Infra, which deals in luxury projects, stated last year that it was developing a 15 million square feet area in four projects in Noida and is expanding out of the national capital region for the first time in four locations, including Goa. The Logix group has

Earlier search operations had resulted in the recovery of incriminating documents and assets totalling Rs 19.43 crore

It was a power-packed year for Jharkhand with high-profile arrests, political turmoil, searches and raids, cash hauls, deaths and gunfights between Naxals and security forces. The year began tumultuously with the Jain community and Santhal tribes staking claim over 'Parasnath' or 'Hill deity Marang Buru'. Chief Minister Hemant Soren remained in the news throughout the year for skipping as many as six summons by the Enforcement Directorate in an alleged land and illegal mining scam. The year was saw the arrest of IAS officer Chhavi Ranjan. On a positive note, the year saw implementation of an outreach scheme aimed at delivering benefits of government schemes to people, benefiting 58 lakh people. Players from the state performed well in national and international events. The government's crackdown on Maoists was severe. In all, 397 Maoists were arrested, nine killed, and 26 surrendered to security forces. Security forces also managed to free 'Budha Pahad' in Garhwa and Latehar in ..

Days after income tax sleuths seized Rs 351 crore during raids against a distillery firm owned by a Congress MP's family, Home Minister Amit Shah Monday chided the INDIA bloc parties for not suspending the leader from Jharkhand. "Just now, at an MP's place in Jharkhand, I don't want to say which party he is from but the entire world knows about it, so much cash has been found that even bank's cashiers say that they have never seen so much of cash," Shah said while replying to a debate on two bills related to Jammu and Kashmir in the Rajya Sabha. He, however, did not name either the MP or the party that he belonged to. Shah said it has been five days of continuous counting and 27 cash machines deployed for counting have also "heated up", indicating that the counting of cash was still on. "None of the Ghamandia alliance (in an apparent reference to the opposition INDIA bloc) has neither commented on it nor suspended him. Not a single one (of them)," Shah said. The searches that bega

Income Tax officials however continue to conduct the survey at properties linked to Dheeraj Sahu with documentation process still on

The Congress on Saturday distanced itself from its Jharkhand Rajya Sabha MP Dheeraj Sahu after the recovery of a huge amount of cash from a liquor company linked to him. "The Indian National Congress is in no way connected with the businesses of Dheeraj Sahu, MP. Only he can explain, and should explain, how huge amounts of cash have been reportedly unearthed by the income-tax authorities from his properties," AICC general secretary Communications Jairam Ramesh said in a post on X. The Income Tax department recovered over Rs 225 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion. Prime Minister Narendra Modi on Friday assured the people that the money looted from the public will be returned. Taking to X, the Prime Minister said, "The countrymen should look at the pile of these notes and then listen to the honest speeches' of their leaders ..Whatever has been looted from the public, every penny will have to be returned, this is Modi's ..

The Enforcement Directorate (ED) on Wednesday carried out a raid at a services cooperative bank in this southern Kerala district. The ED raided the Kandala Services Cooperative Bank near Kattakada here following reports of alleged irregualarities of several crores at the bank. Raids were also carried out by ED at several other locations connected with the bank. The ED raid which began early in the morning was still underway, police sources confirmed.

Meanwhile, IT raids continued for the fourth consecutive day in the premises linked to Tamil Nadu, Public Works and Highways Department Minister EV Velu at Tiruvannamalai

The search sites include the residences of Group founder Mofatraj P Munot and managing director Parag M Munot

GST authorities - both at Centre and states - have detected cases of fraudulent availment of Input Tax Credit on fake GST invoices involving amount of Rs 1.15 trillion

Tonnes of documents, 120 hard disks and 50 diaries containing information related to bogus transactions have been recovered during the raids

Not every income tax department operation is a 'raid'. Here is what the I-T Act says about 'surveys' and 'searches'

Poll-bound Padampur in Odisha saw back-to-back raids by the Income Tax and GST departments on Monday just a week ahead of the December 5 assembly by-election. The IT department raided the Padampur rown residences of three businessmen known to be close to the ruling BJD, while the GST department of the state government cracked down on on BJP-supported traders. A 12-hour bandh has been called on Tuesday by the local traders against the GST crackdown on traders at Padampur, Paikmal and Jharabandha towns. One of those whose premises was raided by the GST department is Sunil Agarwal, the president of Padampur town unit of BJP. The bandh will be held by the local traders from 6 am to 6 pm, Padampur Banika Sangha president Pratap Mishra said. All shops and business establishments will be closed during the duration of the bandh. Government and private offices, schools and educational are, however, exempted from the purview of the bandh, he said. The IT raids were conducted in the houses

CBDT said that so far, the search action on both groups has led to detection of unaccounted income of more than Rs 100 crore, and undisclosed assets of more than Rs 5 crore have been seized

Sources said the department is looking at the balance sheets of these organisations vis-a-vis the receipt of funds via the FCRA