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Piyush Jain ready to pay penalty, wants his money back

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 Kanpur-based businessman Piyush Jain has asked the Directorate General of GST Intelligence (DGGI) to return the huge stash of cash seized from his premises after deducting tax and penalty.

Jain was arrested on charges of tax evasion and is presently in 14-day judicial custody.

Special Public Prosecutor Amrish Tandon, who represents DGGI, informed a court on Wednesday that Piyush Jain has revealed that he evaded tax and owes a penalty amounting to Rs 52 crore.

The lawyer for Piyush Jain, however, asked the court to instruct DGGI to deduct the Rs 52 crore owed by the trader as a penalty and return the remaining amount.

Tandon responded by saying that the recovered amount was proceeds of tax evasion and will not be returned. If Jain wants to pay an additional Rs 52 crore as a penalty, then DGGI will accept it, he stated.

In one of the biggest seizures in history, the DGGI seized over Rs 195 crore in cash, 23 kilograms of gold and sandalwood oil worth Rs 6 crore during raids at several premises linked to Jain in Kanpur and Kannauj.

The officials searched the residential premises of Piyush Jain, partner of Odochem Industries, in Kanpur and seized unaccounted cash to the tune of Rs 177.45 crore.

The DGGI officers searched the residential and factory premises of Odochem Industries in Kannauj and seized Rs 17 crore in cash during a 120-hour raid.

To count such a huge amount of cash, the DGGI officials sought help from the officials of the State Bank of India (SBI) and their currency counting machines. The money has been deposited in the State Bank of India (SBI) and will be held by the Government of India, Tandon told the court.

His arrest, meanwhile, has stirred up a political storm in the poll-bound Uttar Pradesh with the ruling BJP and the Samajwadi Party exchanging barbs over the staggering recovery of Rs 195 crore in currency notes seized from premises owned by Piyush Jain.

The Congress, meanwhile, has accused the DGGI of diluting the case by claiming that the recovered money was a turnover amount.

Crime

Viral Video Exposes Horrifying Domestic Violence Incident in Etawah, Uttar Pradesh

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Etawah: A distressing video capturing an incident of domestic violence has been circulating widely on social media since Sunday. The video, reportedly originating from Etawah, Uttar Pradesh, depicts a man brutally assaulting his wife with a stick, accusing her of infidelity. Shockingly, the man recorded the entire episode on his phone, demonstrating a complete lack of remorse or empathy.

In the video, the man is seen gripping the woman’s hair, mercilessly striking her with a stick. The woman, in extreme pain, can be heard crying out and pleading with the man to stop, while attempting to answer his inquiries about her interactions with someone else. Despite her desperate appeals, the man continues his vicious assault, displaying a disturbing level of aggression.

UP Police Take Cognisance In Matter

The Uttar Pradesh police has taken cognisance of the matter and it directed Etawah Police to take action on the viral video. The Etawah police responded to the incident stating that necessary action has been initiated by Bakewar police station in the matter and a probe is on.domestic

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Crime

Horrific video! Man lifts his wife & jumps on Kolkata metro track on seeing train’s arrival, here’s what happened next

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In a horrific incident in West Bengal, a couple was seen trying to die by suicide on metro tracks. A man at the Noapara station platform of the Kolkata metro, on seeing the train’s arrival, hugged and lifted his wife and jumped in front of the transport with her.

Couple jumps before metro rail trying to die by suicide

In the video, we can see a couple casually walking on the metro platform and no sooner taking a drastic decision to end their lives. As the metro coach entered the premises, the man rushed towards his wife and jumped to the tracks with her. The duo was seen coming under the moving train, however, were rescued by the metro staff there.

Rescued by staff

The incident reportedly took place at 6.34 pm on Saturday, leading to a service disruption on the Kolkata Metro’s North-South Line. Within an hour of the suicide attempt, the services resumed in the entire stretch – from Kavi Subhas to Dakshineswar.

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Crime

Three men attack Punjab minister’s pilot vehicle after parking dispute

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Three drunk men allegedly pelted bricks at the pilot vehicle of Punjab Minister Balkar Singh in Jalandhar city after a parking dispute on Monday.

The accused allegedly chased and intercepted the minister’s official vehicle accompanying the police pilot. They then attacked the pilot vehicle with bricks near Guru Ravi Dass Dham. At that time the minister and his wife were on their way home, the police said.

The accused were arrested. Their luxury car was also impounded. The incident happened at around 1 a.m.

The assailants were reportedly in an inebriated condition. The cause of the attack was arguments over the parking of the vehicle outside an eatery, a police official said.

“They have been booked under Sections 153 and 186 of the IPC,” Police Commissioner Kuldeep Chahal told the media.

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