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Rs 10.50 cr assets seized from Gujarati 'chaiwala'; identity hidden

[email protected] (Agencies)
December 18, 2016

Surat, Dec 18: The Income Tax department has seized alleged unaccounted assets worth Rs 10.50 crore from a tea seller-turned-financier after raids were conducted against him in Gujarat's Surat as part of the anti-black money crackdown post currency scrap.

gujThe I-T department sleuths, who conducted the searches yesterday at the premises of the tea seller, recovered cash of Rs 1.45 crore, with new currency being at 1.05 crore, bullion worth Rs 1.49 crore, gold jewellery valued at Rs 4.92 crore, other ornaments worth Rs 1.39 crore and silver ingots priced at Rs 1.28 crore.

"The total value of the assets seized from the financier, who earlier worked as a 'chaiwala', is Rs 10.50 crore," I-T sources said as they refused to reveal the identity of the person citing ongoing probe.

They added that while 13 of his bank lockers have been opened till now, four more are in the process to be opened and the expected seizure of assets may increase.

The sources added that the interception was made in the city as part of taxman's anti-black money probe post demonetisation.

Comments

Naren kotian
 - 
Monday, 19 Dec 2016

Haha....how about gadda walas and votte topiwalas....and also black burqawalis who ran towards gold showrooms from 8th to 11th Nov ...

imtiaz
 - 
Monday, 19 Dec 2016

chaaiwaaala having so much lumpsome amount.. jus imagine...wat wud b d fate of doodhwaalas n shakkarwaaalaas in gujrath!!!! fakeeer log

Mohammed musthafa
 - 
Monday, 19 Dec 2016

Again be alert, chai walas are most dangerous discussion makers, anything can happen

Fairman
 - 
Sunday, 18 Dec 2016

Why can not be the present PM.
Chaiwalas are very shrude, they run the country,
They amass the big fortune.

Gujjus are really very intellllllllllllllligent

Skazi
 - 
Sunday, 18 Dec 2016

Chaiwalas identity is hidden ......May be the Ex CM

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News Network
June 26,2020

Udupi, June 26: BJP leader K Raghavendra Kini has been appointed as the new Chairman of Udupi Urban Development Authority (UUDA) by Government of Karnataka.

A well-known businessman, Raghavendra Kini is also serving as the president of Kunjibettu Consumers’ Multipurpose Co-operative Union.

Along with him, the State Government has appointed Suma Naika, Praveen Kumar Shetty and Kishor Kumar as members of the Authority.

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How to apply t…
 - 
Friday, 24 Jul 2020

Hi Sir,

 

 

I have tried to reach the friday programme and in mid call disconnected and later not reachable.

 

Could you please let us know the process to apply the akrama sakrama land convert to residential purpose.

 

Kindly do the needfull.

 

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News Network
July 6,2020

Tumuku, Jul 6: Senior Congress leader and Kunigal MLA Dr H D Ranganathm tested positive for COVID-19 on Monday.

The 48-year-old Congress legislature, a doctor by himself, was admitted to Manipal hospital and recovering, he said in a tweet.

Dr Ranganath said he took all precautions, yet could not save himself from the virus and advice people to not to take the contagion lightly.

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News Network
January 6,2020

Hubballi, Jan 6: Elected representatives of the BJP, Congress and JD(S) on Sunday decided to sink their differences and fight unitedly for Karnataka’s rightful share in the Mahadayi and Kalasa-Banduri water dispute with Goa.

The meeting convened by JD(S) MLC Basavaraj Horatti here saw participation of BJP ministers Prahlad Joshi and Jagadish Shettar, Congress and JD(S) lawmakers, among others.

After a 70-minute closed door meeting, MLC Horatti told reporters that they discussed the water dispute in detail and decided to take steps based on inputs from legal and technical experts on the rightful apportioning of water. “Today, we took the first big step towards the overall development of the region, unencumbered by political divisions,” he said.

Though the air was filled with a sense of jubilation as the issue had united seemingly hostile political parties on one side, a few activists expressed disappointment that the meeting failed to set a timeline to resolve the dispute.

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