I-T sets ultimatum to Koda`s aides
  • This Section
  • Latest
  • Web Wrap
Last Updated: Monday, November 02, 2009, 22:44
  
Ranchi: With Vinod Kumar Sinha, a close aide of former Jharkhand Chief minister Madhu Koda, still in hiding, Income Tax department tonight set a four-day ultimatum to him to appear before it or face legal action.

Besides Sinha, the ultimatum has also been set for Sanjay Kumar Choudhary, Devendra Mukhia, Basant Bhattacharya, Manoj Punamiya and Anil Bastawde, a senior officer said here.

"They have been advised to appear before the office of Additional Director of Income-Tax (INV), Ranchi on November 6 at 11 am to explain certain transactions and events," he said.

If they fail to appear, the department would be constrained to take legal action under various laws, he said.

Koda and his associates are facing charges by the IT of hawala transactions and illegal investments amounting to Rs 2000 crore as the department continued its search and seizure operation under the provisions of Income Tax Act.

Koda is facing questioning by IT sleuths for the last three days at his residence in Ranchi.

The IT raids began on 70 premises in nine cities across the country from Saturday. Searches at some places have concluded while they are continuing in other places.

Bureau Report


First Published: Monday, November 02, 2009, 22:44


comments powered by Disqus