Here in Rajasthan raid one Marble traders and owner of Cement company. I think it is biggest raid in the history of Income tax department. Team of 300 officer carried out this raid. They came from Delhi as piligrims. they did not took help of Rajasthan police. They are guarded by 80 commondos of CRPF. Till today raid team trace property of 7000 crore rupess and 250 crore cash. Seraching of some lockers is pending.
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rambabu wrote:anil wrote:suni51 wrote:But they always fail to bring the whole truth out in public knowledge. They always give benefit of doubt to cheats unless of course there is a political pressure they avoid catching the big fish.
Yes it may be right, IT raid in my area is very common. In most of cases parties surrender undeclared income. I am writing it what I read in newspapers.
Wrong declaration of assets and income are quite common. A recent case that came into light is of Y.S Jagan Mohan Reddy, the opposition leader of newly formed AP.
IT department have not any right to start any criminal proceeding. If some one earn income from smuggling IT department can only charge and tax and penalities, it is duty of other departments who can takek action,
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anil
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Thursday, 24 September 2015 15:52
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Tuesday, 30 November -0001 00:00
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