Why FM Nirmala Sitharaman said, ‘It’s not BJP money’ on Rs 200 cr seized from perfumer Peeyush Jain. Full details of SP MLC and perfume trader Pushpraj Jain’s business empire. For more watch Abki Baar Kiski Sarkar.
Why FM Nirmala Sitharaman said, ‘It’s not BJP money’ on Rs 200 cr seized from perfumer Peeyush Jain. Full details of SP MLC and perfume trader Pushpraj Jain’s business empire. For more watch Aaj Ki Baat with Rajat Sharma on India TV.
After Piyush Jain, IT raids have now been conducted at residences of SP MLC Pushpraj Jain alias Pampi Jain and perfume trader Malik Mian.
The I-T department also seized Rs 5 crore cash and jewellery of a similar value (Rs 5 crore) during the raids on the two groups
According to media reports, to avoid being in the limelight, the businessman used an old scooter back at his native place Kannauj. In Kanpur, he reportedly only had two old cars at his disposal.
After a series of IT raids, perfume businessman Piyush Jain was arrested from Kanpur and will be produced in court today. In the raids conducted by the IT department, a total of 177 crores in cash and properties worth 250 crores have been recovered from his home and known locations.
After I-T Department's raid at perfume trader Piyush Jain's residence, Yogi Adityanath took a swipe at Akhilesh Yadav. During a rally in Ghaziabad, Yogi said, 'Money is still being recovered from people who have been out of power for five years."
Tax evasion worth crores of rupees have been detected during Income Tax raids on two businessmen in Kanpur, neighboring Kannauj, Mumbai and Gujarat. The Income Tax department raided the house, factory, office, cold store and petrol pump of perfume trader Piyush Jain, who is close to Akhilesh Yadav. In November, Jain also launched Samajwadi Party perfume, branded as ‘Samajwadi Attar’.
According to sources, the smartphone companies were allegedly violating rules and norms to evade taxes and were on the radar of several probe agencies, including the I-T Department.
Five poll-bound states are Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab. Elections in these states will be held in February-March next year.
Akhilesh Yadav's allegations came a day after four of his close associates were raided by Income Tax officials in Uttar Pradesh. Yadav said that the raids were an indication that the BJP was going to lose the election.
The comments came a day after Akhilesh Yadav's personal aide and other associates were raided by Income Tax officials.
IT raids were conducted at residences of four SP leaders recently. Talking to the press on the same, Akhilesh Yadav said that BJP is fearful of losing the elections, while alleging that the raids are being conducted to keep SP from winning the polls.
IT raids were conducted at residences of four Samajwadi Party leaders on Saturday. Reacting to the same, Akhilesh Yadav alleged that BJP is seeking revenge with the raids.
During the search, documentary evidences were found and seized indicating receipt of unaccounted cash as well as utilisation of the same towards purchase of land.
The CBDT said the group engaged in the business of chit fund was running an unauthorised business and all the investments and payouts of more than Rs 400 crore in the last few years were done entirely in cash.
NCP Chief Sharad Pawar condemned the raids and called them 'politically motivated'.
Bollywood actor Sonu Sood reacted after Income Tax Department accused him of financial irregularities worth over Rs 250 crore.
The Income Tax Department has conducted searches on a company engaged in trading of telecom equipment and installation and servicing of these items for various telecom players in India.
At least three people, including Deb and two of his employees Indrajit Shaw and security personnel Arbinda Baidya have been arrested in connection with the case so far.
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