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I-T detects illegal properties worth Rs 130 Cr in Mumbai raid

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The Income Tax (I-T) Department on Thursday said that the recent raid conducted by them against the BMC contractors and a Shiv Sena leader have exposed an international hawala racket. The BMC contractors allegedly evaded income to the extent of Rs 200 crore.

The raids were conducted at more than 35 places in Mumbai belonging to certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), and Shiv Sena corporator and Standing Committee chairperson of BMC, Yashwant Jadhav.

The Income tax official said that particulars of about three dozen immovable properties, worth Rs 130 crore have also been detected, which includes properties acquired either in their name or their associates or ‘benamidars’.

Evidence of their involvement in international hawala transactions and routing of the ill-gotten money to certain foreign jurisdictions have also been recovered.

The preliminary investigation indicates that these contractors have evaded income to the extent of Rs 200 crore on account of the above malpractice. During the search operation, undisclosed cash of Rs 2 crore and jewellery of Rs 1.5 crore were seized.

“During the course of the search operation, numerous incriminating documents, loose sheets and digital evidence have been found and seized. The evidence so seized strongly indicates a close nexus between these contractors and the said person,” said an I-T official.

Loose sheets and excel files with details of unaccounted cash receipts and payments aggregating to several crores have also been found and seized, which have not been recorded in the regular books of account.

In the case of contractors, the seized documents revealed the modus-operandi adopted by them for large-scale suppression of taxable income by inflating their expenses. For this purpose, the prominent recourse is over-invoicing of sub-contract expenses through a maze of entities and by claiming non-genuine expenses. Certain instances show that cash has been taken out from these entities and the same has been utilised for obtaining undue favours for awarding of contracts and also for making unaccounted payments for investments in properties.

Further investigations in the matter are underway.

Maharashtra

‘This Is Landslide Victory. I Thank My Ladli Behnas And Kisans…’: CM Shinde On Mahayuti’s Massive Win In Maharashtra 

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In a statement to the media, Shinde said, “I thank the voters of Maharashtra. This is a landslide victory. I had said before that Mahayuti will get a thumping victory. I thank all sections of the society. I thank my ladali behnas and kisans. I also thank all the workers of the Mahayuti parties. “

Meanwhile, the Bharatiya Janata Party is likely to hold the Maharashtra Legislative Party meeting on November 25 and the oath-taking ceremony on 26,

A larger meeting of the Yuti alliance is also likely to be held around the same time. 

This comes after the BJP-led Mahayuti alliance in Maharashtra crossed the crucial majority mark, as per the Election Commission data around 11 am. It is securing a lead in 220 seats and is likely heading towards a landslide victory. Celebrations have already begun at the BJP’s Mumbai office.

Shiv Sena MP Shrikant Shinde said, “As we had expected, we have got very good numbers. I thank all the voters who stood behind Mahayuti and gave this landslide victory…”

Shiv Sena leader Naresh Mhaske said, “Maharashtra of government has expressed its faith in Mahayuti. The public is seeing what is happening to Uddhav Thackeray’s Shiv Sena today. The people have stated that Eknath Shinde is the one who is capable of leading Balasaheb Thackeray’s Shiv Sena…By way of their votes, the public has slapped a slipper on the face of Sanjay Raut. I am a Shiv Sena worker and I think that Eknath Shinde should be the chief minister…”

Early trends as per ECI

As per the initial results, the Mahayuti alliance is leading in 220 seats, with the Bharatiya Janata Party (BJP) leading in 128 seats, driving the charge in Maharashtra. The Eknath Shinde-led Shiv Sena (SHS) follows closely with 55 seats. The Nationalist Congress Party (NCP), led by Maharashtra Deputy CM Ajit Pawar, is leading in 35 seats, while the Rashtriya Yuva Swabhiman Party (RSHYVSWBHM) is leading in 2 seats.

Meanwhile, the Maha Vikas Aghadi (MVA) is trailing, with a lead in 51 seats. The Indian National Congress (INC), part of the MVA, is leading in 20 seats. The Shiv Sena (Uddhav Balasaheb Thackeray) leading in 16 seats, and the Nationalist Congress Party – Sharadchandra Pawar (NCP-SP) is leading in 13 seats. The Samajwadi Party (SP) too is in the lead at 2 seats.

In addition, the All India Majlis-E-Ittehadul Muslimeen (AIMIM), Jan Surajya Shakti (JSS), and Peasants And Workers Party of India (PWPI) are all leading in 2 seats each.

Other minor parties, including Swatantra Bharat Paksha (STBP), Indian Secular Largest Assembly of Maharashtra (DISECL), CPI(M), Bahujan Vikas Aaghadi (BVA), and Rajarshi Shahu Vikas Aghadi (RSVA) are leading in 1 seat each. Additionally, 5 independent candidates (IND) are leading in their respective constituencies.

As the Sena-BJP-NCP celebrate all eyes will now be on who will assume the post of CM of the state.

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Maharashtra

Maharashtra Election Results 2024: UBT’s Sanjay Raut Cries Conspiracy, Says ‘This Can’t Be Decision Of People Of State’

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Maharashtra Election Results 2024: UBT's Sanjay Raut Cries Conspiracy, Says 'This Can't Be Decision Of People Of State'

The early trends as of 10:30 AM indicate a landslide victory for the BJP-led Mahayuti government in the Maharashtra Assembly elections. Shiv Sena (UBT) leader and Rajya Sabha MP Sanjay Raut has responded to the early trends showing Maha Vikas Aghadi’s (MVA) massive defeat in Maharashtra.

Speaking to the media amid ongoing counting, Raut said, ‘This cannot be the decision of the people of Maharashtra. We know what the people of Maharashtra want.’

‘From what we are seeing, it seems that something is wrong. This was not the decision of the public. Everyone will understand what is wrong here. What did they (Mahayuti) do that they are getting more than 120 seats? How is it that MVA is not even getting 75 seats in Maharashtra?’ Raut said.

Rejecting the trends, Raut said that his party has faith in the people of Maharashtra. “They have done some ‘gadbad,’ they have stolen some of our seats…This cannot be the public’s decision. Even the public does not agree with these results. Once the results are out, we will talk more. In every election seat, money-counting machines were installed. Is it possible that Shinde gets 60 seats, Ajit Pawar gets 40 seats, and BJP gets 125 seats? The people of this state are not dishonest. We have faith in the people of Maharashtra,” he said.

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Maharashtra

Byculla, Maharashtra Assembly Elections Results 2024: Can Yamini Jadhav Defend Her Turf In Sena vs Sena Battle Against Manoj Jamsutkar?

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Mumbai: As the Maharashtra Legislative Assembly Elections Results 2024 are set to be revealed on Saturday, November 23, all eyes are on key constituencies like Byculla, a key seat in Mumbai. The constituency is part of the Mumbai South Lok Sabha constituency and has been a focal point of intense political competition.

Byculla is one of the 288 seats in the Maharashtra Legislative Assembly and is designated as constituency number 184. The seat falls under the general category and is located in Mumbai City District. Currently, Byculla is represented by Yamini Jadhav of Shiv Sena (Shinde faction).

In the 2024 elections, Yamini Jadhav will face a tough fight from the Shiv Sena UBT candidate Manoj Jamsutkar, making it a key battle to watch. Jadhav secured her victory in 2019 by defeating AIMIM’s Waris Pathan with a sizeable margin of over 20,023 votes, but this time, the political dynamics have shifted.

Byculla has a total of 2,58,856 registered voters, as per the Election Commission’s latest figures. With a diverse demographic composition, the seat often witnesses polarized voting patterns.

Current Political Scenario in Maharashtra

The ruling coalition, Mahayuti, led by Eknath Shinde (Shiv Sena-Shinde), Devendra Fadnavis (BJP), and Ajit Pawar (NCP-Ajit Pawar), currently holds 202 seats in the assembly. Of these, BJP accounts for 102 seats, NCP (Ajit) has 40, Shiv Sena (Shinde) has 38, and smaller parties hold the remaining 22 seats.

On the other hand, the opposition alliance, Maha Vikas Aghadi (MVA), led by Sharad Pawar (NCP-Sharad Pawar), Uddhav Thackeray (Shiv Sena-UBT) and Nana Patole (Congress) holds 69 seats. Congress leads the MVA with 37 seats, followed by Shiv Sena (UBT) with 16 and NCP (Sharad Pawar) with 12.

Byculla is considered crucial for both alliances. For the ruling Mahayuti, retaining the seat will showcase its strength in Mumbai, while a win for MVA could indicate a shift in urban voting preferences.

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