I T RAIDS

  • I-T recovers Rs 100 crore diamond, Rs 10 crore cash from Noida chief engineer's residence November 29, 2014

    Noida: The Income Tax department has recovered diamonds worth Rs 100 crore, 2 kilos of gold and Rs 10 crore in cash from the residence of tainted Noida chief engineer Yadav Singh. Raids were carried out at two dozen locations in NCR simulatenously. It revealed that the official had floated several...
  • Rs 13 lakh recovered in EC, IT raid on exlegislator October 16, 2013

    Jaipur: In a joint operation here ahead of the December 1 polls in Rajasthan, Income Tax, Collectorate and Election Commission officials today found over Rs 13 lakh in cash in possession of a former MP. Responding to an anonymous tipoff received by election officials, the joint team surveyed the hotel where...
  • Karnataka polls: IT dept raids JDS MLA's premises May 3, 2013

    Bangalore: The Income Tax department has conducted searches on the premises of Janata Dal Secular candidate and former minister A Krishnappa and seized Rs 2.6 crore in cash, besides jewellery worth Rs 1.88 crore. "Rs 2.65 crore has been seized from the premises of A Krishnappa, an MLA after IT searches...
  • Ekta Kapoor's Balaji Telefilms owes Rs 30 cr to IT dept May 3, 2013

    Mumbai: Film and television producer Ekta Kapoor's production house Balaji Telefilms evaded tax to the tune of Rs 30 crore by inflating bills, said the Income Tax Department sources on Friday. Ekta has, however, now agreed to pay the remaining amount, added the sources. IT officials had conducted raids at...
  • Mumbai: Overnight IT raids at Leopold Cafe February 19, 2013

    Mumbai: The Income Tax department conducted raids at the Leopold Cafe in Mumbai on Monday night. Tax sleuths started their inspection around 6 pm in the evening and continued through the night. Sources say that documents from certain departments have also been seized after spotting irregularities. Cafe Leopold was one...
  • GMR Infra offices raided on suspected tax evasion October 11, 2012

    New Delhi: Income Tax Department officials on Thursday raided the offices of GMR in multiple cities over suspected tax evasion by the infrastructure company. The search operations in the Delhi, Mumbai and Bangalore offices of the company are being carried out by the IT Department's investigation wing. GMR has confirmed the...
  • IT raids on Priyanka Chopra, Rs 7.5 cr seized January 27, 2011

    New Delhi: The Income Tax department on Thursday recovered Rs 7.5 crore from raids on actor Priyanka Chopra's residence. Sources have told CNNIBN that Priyanka and her father failed to account for the Rs 7.5 crore seized from actor's residence during the income tax raids. The income tax raids were...
  • Onion traders in Delhi go on strike January 11, 2011

    A day after Nashik onion traders went on strike, Delhi's onion traders also went on strike following IT raids. ...
  • MP Lokayukta raids tainted IAS couple's house December 10, 2010

    Bhopal: Madhya Pradesh Lokayukta raided the house of tainted IAS couple Arvind and Tinu Joshi on Friday. The IAS couple was suspended after the IncomeTax (IT) department recovered cash worth Rs 3 crore from their residence apart from documents related to benami property. The IT department claims to have seized...
  • IT raid at 'Dabangg' producer Arbaaz's office October 13, 2010

    Mumbai: The Income Tax (IT) department conducted raids at actor and producer Arbaaz Khan's office in Mumbai. This is over the money earned from the superhit film Dabangg. The raid that started on Tuesday evening continued till 2 am on Wednesday. Arbaaz played down the incident and said: It's a usual...
  • Satyam to IPL: lack of corporate governance April 22, 2010

    Does the IPL controversy show that in India, big money is always sleazy money. Do politicians always introduce opacity into big money transactions. Income Tax (IT) officials conducted raids on IPL teams, specifically on Chennai, Kolkata and Hyderabad, Kings X1 punjab was also sent a tax notice. IPL chairman Lalit...
  • Should there be a total cleanup of BCCI? April 21, 2010

    Kirti Azad, Former Cricketer and Member, BJP, Shishir Hattangadi, Former manager for Mumbai Indians and Sandeep Bamzai COO, Sportzpower.com join the debate on CNNIBN over IPL controversy and the role of BCCI. ...
  • IT raid at IAS couple home yields Rs 3 crore in cash February 5, 2010

    Bhopal: Over Rs 3 crore in cash have been recovered from an IAS couple in Bhopal following raids by the Income Tax Department officials at their residence on Thursday night. Officials also seized details of bank deposits worth Rs 2.25 crore from the house of Arvind Joshi, a senior IAS officer...
  • Ali told to file IT returns for 8 yrs March 15, 2007

    Mumbai: IncomeTax officials interrogated Hassan Ali for more than five hours on Thursday. He is being investigated for alleged money laundering and tax evasion, amounting to more than Rs 35,000 crore. IT officials had reportedly questioned Ali once before on March 5. He was also questioned by the IT sleuths...
  • BCCI VP Lalit Modi under IT scanner September 2, 2006

    Mumbai: Board of Control for Cricket in India vice president Lalit Modi has come under the scanner of the Income Tax department. The Income Tax Department conducted raids at the residences of Lalit Modi, who is also the president of the Rajasthan Cricket Association, on Saturday. An IT official said the Jaipur...