Hitting back at Karnataka Deputy Chief Minister DK Shivkumar over his claim that the money unearthed by sleuths of the Income Tax Department during a raid in the state belonged to the previous government, BJP leader Sadananda Gowda on Wednesday dared the former to order an inquiry and pro
After Income Tax seized Rs 42 crore from a contractor's house in Bengaluru city, Bharatiya Janata Party leader Ashwath Narayan on Tuesday took a dig at the party and said "It is an ATM Sarkar and is completely exposed."
Karnataka Deputy Chief Minister DK Shivakumar on Tuesday refuted the allegations made by BJP that the money recovered in the raids conducted by the Income Tax Department belongs to the Congress government.
The Income Tax Department is carrying out raids on the Trident Group, a diversified conglomerate with interests in yarn, home textiles, paper and stationery, chemicals, and adaptive power.
The Income Tax Department conducted search and seizure action related to some government contractors, real estate developers and their associates last week and about 55 premises were covered in Karnataka, Andhra Pradesh, Telangana and New Delhi
After the Income Tax authorities unearthed Rs 42 crore from a residence linked to a former corporator in Bengaluru, BJP national President JP Nadda on Monday said that corruption is in the DNA of Congress adding that Congress and corruption are two sides of the same coin.
Income Tax (I-T) department officials on Thursday seized a cash stash worth Rs 42 crore from the premises belonging to a contractor, R. Ambikapathy, in Bengaluru city.
According to officials privy to the investigation, the cash was packed in cartons and stashed under the bed of a flat owned by the corporator. The IT sleuths raided five locations linked to the former corporator.
Nearly Rs 1500 crore was collected from builders, gold merchants, and contractors in an attempt to spend the money and win in Telangana, said Harish Rao.