Cash flowing into poll-bound Karnataka: I-T dept

DHNS
April 22, 2018

Bengaluru, Apr 22: Director General of Income Tax, Investigation, Karnataka and Goa, has stepped up its surveillance and monitoring activities as part of enhanced alertness in the wake of Assembly elections in Karnataka on May 12.

The I-T leuths believe that currency notes seem to be flowing in poll bound Karnataka.

So far, the sleuths have seized Rs 4.13 crore cash and 4.52 kg gold jewels valued at Rs 1.32 crore.

Majority of the currency notes seized are in denomination of Rs 2000 and Rs 500. Out of Rs 4.13 crores, an amount of Rs. 4.03 crore is in these denominations.

“When people are finding it difficult to withdraw notes from banks and ATMs, seizure of high denominations is raising eyebrows,” states a press release from Director General of Income Tax, Investigation, Karnataka and Goa.

Bengaluru city tops the list of seizures made with Rs. 2.47 crore, followed by Ballari with Rs 55 lakh.

The department is into intelligence gathering at various places of public transport and its Air Intelligence Units are keeping close watch in all the airports in Karnataka and also in the neighbouring Goa. “There are are reports of cash shortage in some parts of the country, cash seems to be flowing into poll bound Karnataka,’’ it said.

A person carrying Rs 16.5 lakh was intercepted at one of the airports, but he failed to explain source of the cash. The sleuths seized Rs 37 lakh cash from his Mumbai premises. In total, the sleuths have seized Rs 53.50 lakh unaccounted cash from him.

In one of the districts, a contractor had transferred Rs 55 lakh to a person who had withdrawn it. The taxmen detained the duo and the contractor admitted to concealment of Rs 16 crore.

In another case, household articles worth Rs 9.51 crore intended for distribution was found in a warehouse near Mysore. During the investigation, it was established that the articles were meant for distribution.

The sleuths have informed the district election officer to initiate measures against distribution of the articles. In another case, Rs 50 lakh was seized from a private person.

The Income tax department has set up 24x7 control room in Bengaluru to receive complaints. It has also formed strike teams with statutory powers in all districts. The department is keeping a strict vigil in all airports in Karnataka and Goa.

The Investigation Wing has collected contract payment details of the last quarter and is comparing them with previous years’ details to identify abnormal cases. The sleuths are co-relating bank transactions and cash withdrawals, the release stated.

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coastaldigest.com news network
May 6,2020

Mangaluru, May 6: A day after a wild bison dies lost its life hours after being tranquilized in Mangaluru, another wild bison appeared in the Ashok Nagar area of the coastal city today.

In fact, two bison were spotted in Mangaluru yesterday. The two were reportedly wandering together early in the morning. Later one was spotted in Mannagudda and the other in Hathill area.

While one of them was tranquillized by an official of a Pilikula Biological Park and captured, another bison had gone missing.

The captured animal, however, died later in the day due to cardiac arrest.

According to official, it is common for herbivores, which are sedated to ensure their safe capture, to suffer cardiac arrest.

Meanwhile, Forest department officials have launched an operation to capture the second bison. It is believed that it is the same bison which went missing yesterday.

Also Read: Wild bison intrudes into Mangaluru city amidst lockdown; captured

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News Network
January 28,2020

Bengaluru, Jan 28: The state government is set to allow investors who bought farmland for industrial and other purposes to sell it off if they fail to use it within seven years. The new buyers, however, must utilise the land parcel for the same purpose for which it was allotted.

An amendment bill in this regard will be tabled during the joint session of the assembly, which begins on February 17.

Currently, investors remain tied to unused parcels. Law and parliamentary affairs minister JC Madhuswamy said the amendment to Section 109 of the Karnataka Land Reforms Act, which deals with the purchase of farmland for non-agricultural purposes, would remove hurdles for disposal of such plots. “To prevent misuse of land, the bill makes it mandatory for the new buyer to utilise it for the purpose for which the land was purchased by the first investor,” he said.

The government will also table a bill which seeks to regulate the affairs of religious and educational trusts. It will empower the government to intervene in the affairs of the trusts when irregularities come to light.

“Currently, the government has no role to play when allegations of irregularities and mismanagement crop up against trustees. The bill seeks to address this,” Madhuswamy said. He clarified the government didn’t want to interfere in trusts’ affairs. But some issues, he added, were of concern: trustees illegally selling off the trust property.

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News Network
March 31,2020

Bengaluru, Mar 31: The total number of positive cases of coronavirus reached 101 in Karnataka on Tuesday after 13 more positive cases were reported in the state from March 30 5 pm to 2 pm today.

The total number of 101 includes three deaths and 8 discharged/cured cases, Karnataka Health Department stated.

Meanwhile, the total number of coronavirus cases in India has risen to 1,397 after 146 new patients were reported in the last 24-hours, the Ministry of Health and Family Welfare said on Tuesday.

Of this little less than 1,400 cases, there are 1,238 active while 124 cured. The total figure also includes 35 fatalities.

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