Amidst poll-preparations, IT raids several contractors across Karnataka

Agencies
April 24, 2018

Bengaluru, Apr 24: The Income Tax Department on Tuesday conducted searches on a number of contractors in poll-bound Karnataka in connection with a tax evasion probe, officials said.

They said the raids are being conducted against at least 11 contractors in Mysuru and Bengaluru by the investigation wing of the department.

These contractors are linked to public works jobs rendered by them on government tenders, they said.

The department had last week said, has that it has “gathered details of all contract payments made in the last quarter of the completed financial year in the state and is making a comparison with previous years for identifying abnormal cases.”

This data is being co-related with all bank transactions and available cash withdrawal intelligence, it had said.

It had said that as part of the enhanced alertness in the wake of the single-phase polling scheduled on May 12, the investigation wing of the department in Karnataka and Goa has “stepped up its surveillance and monitoring activities”.

In an instance unearthed recently, the department claimed a contractor in one of the districts of the state was searched and it was found that “he had made payments to another person who in turn had withdrawn cash from the amount transferred”.

“The cash withdrawn of Rs 55 lakh was seized and the contractor also admitted to concealment of Rs 16 crore,” it had said.

The counting of the votes for the 224-member Assembly is scheduled on May 15.

The EC has appointed a number of election expenditure observers in Karnataka, apart from other central observers, to keep a check on black money and illegal inducements used to bribe voters.

It had said that Rs 2,000 and 500 notes constitute 97 percent of the Rs 4.13 crore cash that the tax sleuths have seized in poll-bound Karnataka till now.

The revelation came in the backdrop of a cash crunch being witnessed across various regions in the country as a number of ATMs had gone dry.

Also Read: Siddaramaiah accuses Modi govt of misusing I-T department in poll-bound Karnataka

Comments

Kumar
 - 
Tuesday, 24 Apr 2018

Feku using his power against cong ruling states.

Sandeep
 - 
Tuesday, 24 Apr 2018

Modi ji started his work

Yogesh
 - 
Tuesday, 24 Apr 2018

Great doing Modi ji. See Modi ji seizing black money

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News Network
April 25,2020

Mangaluru, Apr 25: The Kasturba medical college hospital at Manipal in Udupi district has decided to resume normal outpatient department services for all specialities from Monday.

In a release, hospital medical superintendent Avinash Shetty said the services will be made available from 8.30 am to 1 pm.

The services had been suspended in view of the nationwide lockdown.

Those visiting the hospital should visit the temporary screening kiosk set up outside the hospital, from where they will be shifted to the respective departments.

Mask is essential for all patients and their attenders.

Only one attender is allowed along with a patient.

Doctor's consultation through telemedicine service is also available from 9 am to 4 pm.

Trauma and emergency services will function as usual, the release said.

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News Network
January 11,2020

Bengaluru, Jan 11: India’s second-biggest IT company, Infosys Ltd, said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints.

Bengaluru-headquartered Infosys, which earlier on Friday raised its revenue forecasts due to upbeat demand from Western clients, said an audit committee report exonerated Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of all allegations, including accusations that the duo prevented employees from presenting data on large deals.

“I’m very happy that CEO Salil Parekh and CFO Nilanjan Roy have emerged from this stronger,” Infosys Chairman Nandan Nilekani told reporters. “The last two years since Salil has been here the company has changed dramatically for the better.”

Parekh took over as Infosys CEO in January 2018, after his predecessor Vishal Sikka quit following a public row with the company’s founder executives amid whistleblower allegations of wrongdoing.

The company earlier said it expected revenue to grow between 10 per cent and 10.5 per cent on a constant currency basis in the year ending March 2020, compared with its previous forecast of between 9 per cent and 10 per cent.

“We continue to see momentum in the market and we have an extremely robust pipeline driven by segment leaders,” CEO Parekh told a news conference.

“With the strength of large deal wins and digital momentum, we were able to clearly see that we have support to raise our guidance.”

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News Network
January 26,2020

Mangaluru, Jan 26: A 55-year-old man has been arrested for allegedly attacking his sister-in-law and her daughter with acid used to make rubber sheets in Dakshina Kannada district of Karnataka, police said on Saturday.

The victim, a 35-year-old widow with three daughters, has been admitted to the government Wenlock Hospital here with severe burns. Her daughter, who suffered minor injuries, is also hospitalised.

In her complaint, the woman said her late husband's elder brother came to her house on Thursday, abused her in foul language before opening an acid bottle and throwing its contents at her through the window.

The woman suffered burn injuries on her face, neck and shoulders and her daughter on her legs and hands.

The victim's husband had taken a loan of Rs 5 lakh from a cooperative bank but died in 2018 after paying only two instalments and the woman could not repay it further.

The bank's notices kept coming to the elder sibling's address, which infuriated him. There was also a long-pending land dispute between the two, sources said.

Based on the woman's complaint, a case was registered on Friday and the man arrested soon after. Kadaba sub-inspector police Rukma Naik visited Wenlock

Hospital to record the woman's statement, police added.

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