According to govt sources, the group has allegedly floated several paper companies to evade tax by claiming bogus expenses and purchases using shell entities.
The IT dept conducted the raids as part of an investigation into allegations of tax evasion against officials including senior IAS officer in Bhupesh Baghel-led Congress government.
The I-T dept raided premises of 2 prominent Karnataka Congress leaders — former deputy CM G. Parameshwara and former MP R.L. Jalappa's son — as a part of a tax evasion probe.
Two months after BJP won UP polls, the EC gave clean chit to BSP, releasing its Rs 104 crore made unusable during polls due to ED's post note ban scrutiny.
The searches are being conducted at the Bhopal, Indore, and Delhi NCR premises of the aides, who are accused of tax evasion and hawala transactions during the ongoing poll season.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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