Rs 120 cr hidden income, Rs 1.10 cr cash, 10 kg gold detected in I-T raids on MLA

February 12, 2017

Bengaluru, Feb 12: The Income Tax department on Saturday claimed to have detected undisclosed income worth Rs 120 crore and seized cash worth Rs 1.10 crore and 10 kg of gold after it conducted raids on a Congress MLA here earlier this week.

itraid

The department had been conducting searches since Thursday on multiple premises related to Hoskote MLA MTB Nagaraj as part of its investigation into alleged tax evasion charges against him and others.

"The raids conducted in the tax evasion probe case against the Congress MLA resulted in disclosure of unaccounted income exceeding Rs 120 crore. Unexplained cash worth Rs 1.10 crore and 10 kg gold have also been recovered as part of this action," officials said.

The department found that the undisclosed income was created by way of "unaccounted property investment and construction of commercial property, hospital, houses, withdrawal of bogus unsecured loans for the amount which is actually revenue receipt" and even some cash deposits made on account of renting out convention halls and paying guest accommodation.

Over 3,500 land documents indicating "land ownership" of 560 acres allegedly by the Congress lawmaker and his associates were also seized, officials said.

The searches were conducted here and in Hoskote, and have now ended.

The taxmen are also probing payments worth Rs 70 crore "received by various independent landlords" connected to the MLA and where no capital gains were paid.

Sources claimed that an instance of claiming exemption of Rs 125 crore related to "running of an SEZ" is also under the scanner of the tax department.

Attempts to get Nagaraj's comments by PTI did not fructify.

In a similar instance last month, the department had claimed to have detected undisclosed assets worth over Rs 162 crore and seized Rs 41 lakh cash, besides over a dozen kg in gold and jewellery after searches were conducted on the premises of Karnataka Minister Ramesh L Jarkiholi and Mahila Congress president Laxmi R Hebbalkar.

Comments

shaji
 - 
Sunday, 12 Feb 2017

99.9 perent of poiticians are decoints/looters/tax thieves. They join politics only to make money. All politician properties should be investigated. Most of the policians are crorepatis with looted money.

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News Network
March 3,2020

New Delhi, Mar 3: Bharatiya Janata Party leader Kapil Mishra, who instigated violence in northeast Delhi by provoking mobs, has now been provided with 24x7 security. After he claimed threat to his life, he has been provided with “Y” category security — which entitles him to six security personnel round-the-clock to guard him in and outside the city.

He had fought the 2020 Delhi Assembly elections by giving inflammatory remarks around the anti-Citizenship Amendment Act in Shaheen Bagh, and lost to Aam Aadmi Party candidate. But he continued to issue provocative remarks.

While there is clear evidence of his scandalous statements just a day before the violence was unleashed on Muslims in Delhi last week where around 50 people were killed, no action has been taken against him so far. Instead, he is being treated as a hero in his party.

As per sources, Mishra complained that he got life threats over the past week in wake of the violence and based on his request, the Delhi Police has provided the security cover.

Mishra had taken to social media platform Twitter and alleged that he was receiving threats via WhatsApp, Twitter and Facebook, from Indian and foreign accounts.

“I am constantly being threatened with murder on the phone, on WhatsApp, on email. Hundreds of threats are being given continuously from the country and abroad. I don’t fear this hate campaign against me,” he had said on Twitter on March 1.

Mishra had on February 23 made an incendiary speech, following which North-East Delhi witnessed anti-Muslim violence.

The Supreme Court of India on Monday said it will on Wednesday (March 4) hear a plea that sought immediate FIRs against Kapil Mishra, Union Minister of State for Finance Anurag Thakur and other leaders for their recent hate speech, which allegedly triggered the violence in Delhi. The plea was filed by Delhi violence survivors.

The apex court bench, comprising Chief Justice SA Bobde, listed the matter for hearing after senior advocate Colin Gonsalves, who is appearing on behalf of the survivors told the SC that the Delhi High Court had last week adjourned the matter for six weeks even as “people are dying every day”.

Comments

Indian
 - 
Wednesday, 4 Mar 2020

Y security ?  Why security for this criminal & anti national ? 

ABDUL AZIZ
 - 
Tuesday, 3 Mar 2020

Allah Almighty knows what to do with you in this world and the world after . no one can escape from him. ALLAH ALMIGHTY S   is always greatest.

 

killing innocents is not a bravery , its game of cowards. remember

 

Kannadiga
 - 
Tuesday, 3 Mar 2020

As usual now he will be inducted as Minister.

fairman
 - 
Tuesday, 3 Mar 2020

He himself has dug his grave

Indian Army
 - 
Tuesday, 3 Mar 2020

how many years you hold security and hide in rat hole.....

your hatred killed 50 innocent people....your son must be proud that you given good future for him.

 

If one plays with others blood then he must end with his own blood.

ayes p.
 - 
Tuesday, 3 Mar 2020

Quote" i dont fear this hate campaign against me" Unquote. Then why Y security.

 

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News Network
June 12,2020

Bengaluru, Jun 12: Karnataka Medical Education Minister K Sudhakar on Friday said experts have indicated a surge in coronavirus cases in the state after August 15 and the government was taking all precautionary measures in that direction. Speaking to reporters in Ballari, Sudhakar said, "About 97 percent of over 3,000 active cases in the state are asymptomatic.

Experts after studying the developments in other countries and states have said that there will be a surge in infections after August 15."

He said the government was taking all precautionary measures in that direction.

 As of June 11 evening, cumulatively 6,245 COVID-19 positive cases have been confirmed in the state, which includes 72 deaths and 2,976 discharges, the health department's bulletin said.

It said, out of 3,195 active cases, 3,185 patients are in isolation at designated hospitals and are stable, while 10 are in ICU.

Meanwhile, in a tweet pointing out that nearly 60 per cent of the COVID cases in the country are from 10 cities, Sudhakar said, despite being the fourth most populous city in the country Bengaluru has been successful in containing its spread.

"Nearly 60% of total COVID-19 cases in India are found in 10 cities. Despite being 4th most populous, Bengaluru has been successful in containing spread of virus.

I urge people to keep up the fight, continue vigil & together with #CoronaWarriors we can defeat the virus," Sudhakar tweeted.

Bengaluru that does not figure in the list of 10 cities shared by the Minister has reported 581 coronavirus cases till last evening, out of which 258 are active.

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News Network
January 19,2020

Davanagere, Jan 19: Seven people, including four women, were arrested for allegedly selling a 13-month-old female baby here on Saturday.

Police said that the baby was sold to a couple who had no child. The couple hailed from Ranebennur town in Haveri District of Karnataka. They sold the baby, which was their fourth child.

The arrested were identified as Kavita (26) and her husband Manjunath (couple who sold the baby), Dakshayani (34) and her husband Ravi (49) of Ranebennur, Haveri District (the couple who purchased the baby, Chitramma (44) Nurse, Kamalamma (45) and Karibasappa, who acted as middlemen for the deal.

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