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Income Tax Department conducts searches in Delhi, Mumbai

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The Income Tax Department on Friday said it had carried out a search and seizure operation on July 7 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate.

The official said that a total of 18 premises across Delhi, Mumbai and Daman were covered during the search action.

“During the course of the search operation, a large number of incriminating evidence in the form of hard copy documents and digital data have been found and seized. These evidence indicate that the group has parked its undisclosed money abroad in certain low tax jurisdictions. The group, through Malaysia based web of companies, has finally invested the funds in its hospitality business in India. It is estimated that quantum of such funds exceeds Rs 40 crore,” the official said.

The official further said that evidence gathered indicates that the group has invested in a few companies abroad, which were incorporated specially for commodity trading. The net worth of one such company including its profits earned were not disclosed by the group in its ITRs for the relevant period.

Further, it was detected that the promoter of the group had invested in an immovable property in foreign jurisdiction which was not disclosed in his Income tax return.

Besides these, certain offshore entities, set up for commodity trading, have been identified, which have also not been declared.

The search action also revealed that the group was involved in out-of-books cash sales in its India operations.

In its trading business of marble and lights, seized evidence indicate unaccounted cash sales to the extent of 50 to 70 per cent of the total sales. Undisclosed excess stock of Rs 30 crore has also been found.

In its hospitality business, unaccounted sales have been detected more specifically in banquet division. So far, undeclared jewellery valued at Rs 2.5 crore has been seized.

Crime

‘Fearing’ SIR, another person dies by suicide in Bengal’s Nadia district

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Kolkata, Dec 15: Another person has died by suicide due to alleged fear of the Special Intensive Revision (SIR) exercise of the voter list being carried out by the Election Commission, in West Bengal’s Nadia district, said the police on Monday.

An elderly man in the Ranaghat area of the district has taken his own life. The deceased has been identified as Sushanta Biswas (60). His family claimed that he committed suicide by hanging himself at his home due to this fear on Monday morning.

According to the police, Sushanta Biswas lived in Matikumra Madhyapara under the Dhantala police station in Ranaghat. He worked in Kolkata.

According to his family, Sushanta Biswas had been living in fear since the SIR process began in the state. He was worried because his name was not on the 2002 voter list. He even stopped going outside. Neighbours tried to reassure him, but his fear persisted. He became increasingly depressed, fearing that his name might be removed from the voter list and that he might have to leave his home and move elsewhere.

A family member said Sushanta Biswas had filled out the enumeration form.

His wife, Namita Biswas, said, “He was always afraid. He had almost stopped talking. We tried to explain things to him, but he would only talk about the SIR. He would say, ‘If they take me to jail, I will get a six-year sentence’. My mother-in-law’s name is on the 2002 list. Our names were removed because we were living away. This morning, I woke up to find him hanging with a towel around his neck.”

A senior officer of Ranaghat Police District said, “The body has been recovered and sent for autopsy. It has been learnt that he died by suicide after living in fear for some days over his name not being on the 2002 voter list. A case has started. Investigation is underway.”

A few days ago, another person had similarly died by suicide in the same district over alleged fear of the Election Commission’s SIR process.

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Crime

Mumbai: Malad Police Bust Fake Gold Racket, Arrest 5 In ₹25 Lakh Fraud

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Mumbai: Malad police have arrested an interstate gang of five for cheating shop owner Dinesh Mehta of Rs 25 lakh by selling him fake gold. The accused, primarily from Rajasthan, were arrested in Gujarat and Virar.

The main accused, Babulal Waghela, who is wanted in multiple cases, falsely claimed to have discovered gold while digging near a Nashik temple. The gang gained Mehta’s trust by first showing him a silver coin, then giving him genuine gold beads to test. After Mehta handed over Rs25 lakh, they gave him a necklace made of copper and nickel.

Police traced and arrested Waghela, his wife, and three others, successfully recovering Rs15.45 lakh in cash. A fifth accused, Govind, remains wanted.

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Bihar: Robbers posing as police steal goats purchased under CM’s scheme

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Patna, Dec 12: A shocking incident has emerged from Samastipur’s Vidyapati police station area, where four men posing as police personnel stole goats purchased under Chief Minister Nitish Kumar’s Women’s Employment Scheme.

The incident occurred on Friday in Dhaneshwarpur South Panchayat, Ward No. 9, when the victim, Champa Devi and her family were asleep.

Suddenly, a four-wheeler pulled up outside their home, and the men inside woke the family.

Claiming they were police officials searching for a liquor mafia suspect, the men forcibly entered the premises.

Inside, they took away four goats that Champa Devi had bought using the Rs 10,000 financial assistance she received under the Women’s Employment Scheme.

When she tried to stop them, the accused reportedly brandished a pistol, abused her, and threatened to kill her.

“They said they were police and that a liquor mafia had passed that way. They showed a pistol and told us to move aside. Fearing for our lives, we stepped back. They loaded all four goats into their vehicle and fled,” said Champa Devi.

The same group allegedly targeted another house nearby, stealing three more goats.

According to the victims, they too had purchased the goats with government assistance.

Before the villagers could understand what was happening, the thieves fled in their vehicle with all seven goats.

Locals have demanded strict police action. However, Vidyapati police said they are awaiting a formal complaint to begin proceedings.

“A report of theft has been received, but no application has been filed yet. Action will be taken as soon as we receive it. The gang involved is being investigated,” said Suraj Kumar, Police Officer, Vidyapati Police Station.

The area has witnessed several such goat thefts in the past. Thieves often arrive in four-wheelers—not on motorcycles or on foot—making quick escapes difficult to track.

In an earlier incident a few years ago, villagers even held a DSP hostage after mistaking him for a goat thief.

Under Chief Minister Nitish Kumar’s Women’s Employment Scheme, women are provided Rs 10,000 each to start income-generating activities.

So far, 1.56 lakh women have received the amount. After six months of evaluation, beneficiaries showing positive outcomes become eligible for Rs 2 lakh in additional support to expand their ventures.

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