K'taka: I-T raids at premises of Kumarswamy's close aides

ANI
16 Apr 2019, 12:33 GMT+10

Maddur (Karnataka) [India], Apr 16 (ANI): Officials from the Income Tax department are conducting raids at the residence of Zilla Panchayat President and Janata Dal (Secular) leader Nagarathna Swamy in Maddur, sources said on Tuesday.

Raids are also being carried out at Zilla Parishad member Timme Swamy's premises, as well as two firms belonging to Nagarathna, namely Someshwara Fertiliser and Saw Mill, sources added.

Both Nagarathna and Timme are said to be close aides of Karnataka Chief Minister HD Kumaraswamy.

Other than Mandya, the I-T department is carrying out searches in Hassan and Bangalore.

As per the I-T department, a total of five residences in Hassan, one in Bengaluru and one in Mandya along with their business premises are being searched.

"The searches being conducted today are based on credible intelligence that certain businessmen have earned income not disclosed to tax and are in possession of undisclosed assets," I-T department said in a statement.

"The taxpayers are engaged in the business of real estate, quarrying and stone crushing, executing government contracts, operating petrol bunks, sawmill and managing cooperative banks. These are sectors which are prone to generation of black money," it added.

Last month, I-T officials and CRPF personnel conducted raids at the residence of Karnataka Minor Irrigation Minister CS Puttaraju and multiple locations in Bengaluru, Hassan, Musuru and Mandya.

Raids had also taken place at locations of 17 contractors and seven officers from the Public Works Department (PWD) and Irrigation Department. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

null in null

Small Business

Section

ED arrests Gujarat-based journalist Mahesh Langa in money laundering case

New Delhi [India], February 25 (ANI): The Enforcement Directorate (ED) has arrested Gujarat-based journalist Mahesh Langa in a money...

Pakistan actor's son confesses to drug trafficking

Karachi [Pakistan], February 25 (ANI): Sahir Hasan, the son of renowned Pakistani actor Sajid Hasan, has confessed to being involved...

EU blacklists Russian comedian

The 16th package of Ukraine-related sanctions also targets an actor, a chess grandmaster, a TV presenter and an Olympic gymnast Russian...

Musk reiterates support for AfD

The right-wing party has recorded its best-ever result in Germany's parliamentary elections, preliminary results show ...

Can't comment on internal affairs of another country: SC refuses to entertain PIL on protection of Hindus in Bangladesh amid minority violence, atrocities

New Delhi [India], February 24 (ANI): The Supreme Court on Monday refused to entertain a Public Interest Litigation plea that sought...

Muhammad Yunus invites Elon Musk to visit Bangladesh, launch Starlink satellite service

Dhaka [Bangladesh], February 23 (ANI): Bangladesh's Chief Adviser Muhammad Yunus has invited SpaceX CEO Elon Musk to visit Bangladesh...

Automotive

Section