The control room set up by Income Tax Department to enable citizens to report suspicious transactions or movement of large sums of money has evoked lukewarm response, and in one particular instance the facility was used out of personal enmity.
After closing the disproportionate assets probe against Mulayam Singh Yadav, CBI has asked Income Tax department to probe into alleged benami properties acquired by the Samajwadi Party leader`s wife in the name of her son Prateek.
The Income Tax department today conducted "open inquiries" at the premises of companies which invested in Purti Sugar and Power run by beleaguered BJP chief Nitin Gadkari and found many of their directors were people with small means like security guards and labourers.
A 5 member team of IT department
officials on Tuesday probed transaction of bank accounts of a
private mining firm at Hospet, whose owners are said to be
close to mining magnate and Karnataka Minister G
The Income Tax department,
investigating allegations of hawala transactions and
investments by former Jharkhand chief minister Madhu Koda, is
verifying details of PAN cards found during searches in
connection with the probe.