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IT Raids on businessmen in Bengaluru, Hassan and Mandya for tax evasion


Bengaluru, Apr16 (IANS): Teams of Income-Tax (I-T) sleuths raided certain businessmen in Bengaluru, Hassan and Mandya in poll-bound Karnataka on credible information of tax evasion on undisclosed income and assets, an official said on Tuesday.

"The searches being conducted on Tuesday are based on credible intelligence that certain businessmen have earned income not disclosed for tax and are in possession of undisclosed assets," the tax official said in a statement here.

The raids are underway in 5 residences at Hassan and one residence each at Mandya and Bengaluru.

Hassan is 180 km northwest of Bengaluru, while Mandya is 100 km southwest of the state capital.

The raids coincide with the last day of campaigning for the first phase of the Lok Sabha elections in 14 constituencies in the state's central and southern regions on April 18.

"The non-taxpayers under our search operations are engaged in the business of real estate, quarrying and stone crushing, executing government contracts, running petrol bunks and saw mills and managing cooperative banks.

"These are the sectors which are prone to generation of black money," the statement said.

 

Comment on this article

  • anthony, Mangalore

    Tue, Apr 16 2019

    The caged parrots have lost all their credibility.

    DisAgree [1] Agree Reply Report Abuse

  • Clifford, Mangalore

    Tue, Apr 16 2019

    If Fake Maharaj looses this election, then all these IT officials will be sent to Andaman.

    DisAgree [2] Agree Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Apr 16 2019

    IT, CBI are remotely controlled by the top man!
    Wait for some more time and all these autonomous agencies will function under instructions from new bosses (government) in the near future.
    What goes around also, comes around.

    DisAgree [3] Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Apr 16 2019

    They are scared to Raid Gujarat ...

    DisAgree [8] Agree [13] Reply Report Abuse

  • Sahil, Mangaluru

    Tue, Apr 16 2019

    All the stock market can go down if raid conduct. than will see the friction of stock market status. Several marwadis involved in stock market trade.

    DisAgree [1] Agree [8] Reply Report Abuse

  • Monty Dotor, Mangalore

    Tue, Apr 16 2019

    Why no raids in Mangalore? No money or no black money.

    DisAgree [7] Agree [14] Reply Report Abuse

  • Moideen, Surathkal

    Tue, Apr 16 2019

    Because IT department is scared of congress leaders who broke IT office when DKS house was raided ...............ha ha ha ha

    And anyhow there is no question of raid on BJP ...........right?

    DisAgree [5] Agree [10] Reply Report Abuse

  • Lionel Dsouza, Mangalore

    Tue, Apr 16 2019

    HOW CAN BJP RAID THEIR OWN AREA....???

    DisAgree [1] Agree [3] Reply Report Abuse

  • Sahil, Mangaluru

    Tue, Apr 16 2019

    May be BJP smell denting whatever can grab before 23rd May be the tool and strategy.

    DisAgree [8] Agree [16] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Apr 16 2019

    Forget about what type of business they are running ?
    Important question is why IT sleuths were sleeping so long and their operations are being executed during election time.
    Also, we need more information confirming their connection/support to which political party?
    BJP, Congress, JDS or AAP ?

    DisAgree [6] Agree [17] Reply Report Abuse

  • Moideen, Surathkal

    Tue, Apr 16 2019

    Because now it is spending time and so can be easily caught.....................Before it is collection time and so difficult to fine..............Simple theory :)

    DisAgree Agree [8] Reply Report Abuse

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Title : IT Raids on businessmen in Bengaluru, Hassan and Mandya for tax evasion


 
 
 
 

 
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