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I-T dept raids Raghav Bahl, Quint; don't take journalistic material he says

Bahl is the founder of the Quint news portal and the Network18 group and is a known media entrepreneur

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BS Web TeamPTI New Delhi
The Income Tax Department searched media baron Raghav Bahl's home and office on Thursday in connection with a case of alleged tax evasion, officials said.
A team of I-T sleuths raided The Quint founder's premises in Noida early morning and are looking for documents and other evidence related to a case of "bogus long term capital gains (LTCG) received by various beneficiaries", they said.

Apart from Bahl, three other "beneficiaries" and professionals, J Lalwani, Anoop Jain and Abhimanyu, are being searched as part of the same action. Their business links to offshore entities are being investigated, the officials said.

Bahl, who was in