Trending Now
- Alliance talks between AIADMK and BJP are ongoing. An announcement will be made at the right time – Union Home Minister Amit Shah.
- Vijay spoke about TVK vs. AIADMK only to motivate party workers – AIADMK General Secretary Edappadi K. Palaniswami.
- South Indian audiences are not interested in Hindi films, which is why they don’t succeed – Salman Khan.
- KL Rahul joins Delhi Capitals; the team will face Hyderabad tomorrow.
Bangalore News
I-T dept swoops down on 11 contractors in Karnataka
April 25, 2018
Bengaluru: Income Tax officials on Tuesday raided offices and homes of 11 government contractors in Bengaluru and Mysuru in poll-bound Karnataka for alleged tax evasion, a senior official said.
“Raids were conducted by officials of the I-T Investigation Wing on one contractor in Bengaluru and 10 in Mysuru. They work on state government’s projects through tendering,” Income Tax Department Joint Commissioner G. Ramesh said in a statement here.
Denying reports in a section of the media, including news channels, Ramesh said that the office or residence of Public Works Department Minister MC Mahadevappa was not searched in Bengaluru or Mysuru.
ALSO READ : Cotton price may stay steady during June-October
“No Minister’s premises was raided as reported by some media channels,” he clarified. Election to the 224-member Assembly will be held on May 12, with vote count on May 15.
The officials seized Rs 4.13 crore and 4.52 kg gold jewellery valued at Rs 1.32 crore during the raids across the southern state in the last three weeks. “Of the Rs 4.13 crore seized, Bengaluru accounts for seizure of Rs 2.47 crore and Ballari Rs 55 lakh,” Ramesh said in a statement on April 21.
The Income Tax Department had stepped up surveillance and in view of the elections. In one of the raids, officials seized Rs 55 lakh from a person. In another case, household articles valued at Rs 9.51 crore intended for distribution were found stored in a warehouse near Mysuru.
IANS
SOURCE : http://www.bfirst.in/category/state/i-t-dept-swoops-down-on-11-contractors-in-karnataka-478729
