Top News
Blind dog gets his own 'seeing eye' dog. Excuse us, we can't see through happy tears  ||   Trump claims vindication from Mueller summary despite lack of answers on obstruction  ||   Norwegian cruise ship reaches port with remaining passengers after mayday, helicopter rescues  ||   California company recalls avocados as cautionary move: Is your fruit safe?  ||   Villanova must rebuild before making another March Madness championship run  ||   Chicago Cubs cut LHP Brian Duensing  ||   How gun laws in a dozen countries compare with New Zealand's new ban on semiautomatic weapons  ||   Indians star 3B Ramirez bruises left knee, carted off field  ||   Mueller report: Criminal investigation moves to political realm as AG Barr summarizes for Congress  ||   'Apparent suicide' claims second Parkland school shooting survivor in a week  ||   Why Tennessee senior leader Admiral Schofield did not play in OT against Iowa  ||   'Supernatural' stars announce next season will be the 'big, grand finale of an institution'  ||   Mueller Report: Investigation finds no evidence of Russia conspiracy, leaves obstruction question open  ||   Rahul hid income info from EC: New BJP salvo  ||   Mueller report: Read AG William Barr's summary of the Russia investigation  ||   Mueller report: No indication Donald Trump got early look at special counsel findings  ||   Biden leads Trump by 7 percentage points in hypothetical 2020 matchup, poll finds  ||   Special counsel delivers his brew: Today's Toon  ||   NCAA Latest: 2 perfect brackets on big sites after 41 games  ||   Gillibrand slams Trump in speech at his own hotel: He's a 'coward' who 'punches down'  ||            

Yogendra Yadav family: IT dept seizes Rs 27 lakh; cash transactions receipts of about Rs 15 crore  8 Months ago

Source:   Times Of India  

NEW DELHI/CHANDIGARH: The Income Tax Department (ITD) on Thursday said it has seized about Rs 27 lakh cash and a number of documents and payment receipts after it raided multiple premises of a hospital group in Haryana's Rewari, related to family of Swaraj India chief Yogendra Yadav.

A senior ITD official said that the department also recovered transaction receipts of about Rs 15 crore, suspected to be unaccounted, after the raids on the offices of the hospital group. The raids have ended now.

Department officials in Chandigarh also claimed to have found alleged documents related to the purchase of a land plot by the owners of the hospital group in the past, using a purported cash amount of Rs 93 lakh.

This transaction is under investigation now, they said.

About Rs 29 lakh cash was found as part of the raids that were launched yesterday morning. Out of this, about Rs 27 lakh has been seized on the suspicion of being alleged unaccounted money, the senior official said.

The officials added that they have got "vital leads" on the purchase of a diamond jewellery by Yogendra Yadav's nephew Gautam Yadav, main partner in the hospital group.

They had alleged that Gautam paid Rs 3.25 lakh in cash, out of the total Rs 6.50 lakh, for purchase of the jewellery from the diamantaire Nirav Modi's firm.

When contacted by PTI, Gautam said that while purchasing the lone diamond ring from the Nirav Modi group about two years back he had "given his PAN number and it was a genuine transaction."

"I would not want to say more on this. All I would say is that the department has conducted its search and it has initiated its proceedings and now the matter is between us and the department. We will contest the charges," Gautam said.

Replying to the news agency's query on the seizure of cash from their premises, Gautam said that it was "not unusual for a large hospital like theirs to keep such an amount of cash for business."

When asked that the department recovered the said cash from their residence and not hospital, he said that their home is on "top of the hospital building."

He denied comment on other allegations and findings made by the department.

Yogendra Yadav, who had yesterday alleged that the raid was conducted with an intent to "intimidate" and "silence" him as he had launched an agitation for fair crop price for farmers and against liquor shops in Haryana, said that he was "not a spokesperson" for the hospital group and he came in the picture due to few reasons.

"My question was as to why Rewari was chosen for the raids where my yatra had ended two days back and why only two hospitals were chosen for the searches when there are about 150 such institutions in the city? This is political vendetta and this clearly sends a political message," Yogendra said.

He had alleged that the Narendra Modi-led government was "targeting" his family through the raid.

The Swaraj India chief added that he would refrain from commenting further as this case is "now between the assessee and the tax authorities."

The officials said the searches that began at 11 am yesterday at the Kalawati Hospital, Kamla Nursing Home and their owners in Rewari have ended now.

Officials had said that the action was trigerred after the taxman got inputs of alleged tax evasion by the hospital group and purchase of jewellery from a firm of Nirav Modi, absconding from probe in the $2 billion PNB fraud case.
More News
About Us Terms & Conditions Disclaimer
Advertise Contact
register and win

NRIS.COM is one of the premier NRI website that provides a range of resourceful services to Indian expats residing in the USA. Visiting the site you will find comprehensive information related to restaurants, casinos, pubs, temples, carpool, movies, education, real estate, and forums. The simple and easy to navigate format allows NRIs to gain information within a fraction of a second. Moreover, advertising through its column of Indian free classifieds in USA allow businesses to improve visibility of their brand.

GA NRI's Chat (0 Users Online)