Thursday 3 August 2017

IT raids Karnataka minister D K Shivakumar's houses; seizes Rs 10 cr

Congress claimed that the raids were an attempt to terrorise its Gujarat MLAs ahead of state polls

 raid
 
Income Tax Department officials on Wednesday raided Karnataka Power Minister D.K. Shivakumar's residences and a private resort outside Bengaluru where 44 Gujarat Congress legislators are housed and said Rs 10 crore in cash have been seized.

The taxmen's searches stoked a major political row as the development echoed in Parliament and triggered cries of foul play by the Congress.

"Our state Investigative Wing is conducting searches at the residence of a Karnataka Minister (Shivakumar) and the room he is staying at a resort (Eagleton) near Bengaluru where some MLAs from another state (Gujarat) are put up," Income Tax efiling Joint Commissioner S. Ramesh said in a statement in Bengaluru.

The searches were conducted under Section 132 of the Income Tax Act as an evidence-gathering exercise in compliance with statutory requirements, he said.

The searches were believed to have been conducted at Shivakumar's houses in Bengaluru and Delhi. Officials said Shivakumar's aide and his driver have been detained for questioning.
"The Efiling of Income Tax officials seized over Rs 10 crore during the raids at over 39 places in Delhi and Bengaluru," an IT official told IANS.

"About Rs 7.5 crore was seized in Delhi and Rs 2.5 crore in Bengaluru," ....... Read Full Article

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