Banks, ATMs Not Running in Muslim Areas Modi a 'Tyrant', - Owaisi

[Hindustani78]

http://indianexpress.com/article/in...85-cr-black-income-seizes-rs-86-cr-new-notes/

Official sources said the taxman carried out a total of 677 search, survey and enquiry operations under the provisions of the Income Tax Act since the note ban was declared on November 8.

Over Rs 3,185 crore of undisclosed income has been detected while Rs 86 crore worth new notes have been seized by the Income Tax department as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government. Official sources said the taxman carried out a total of 677 search, survey and enquiry operations under the provisions of the Income Tax Act since the note ban was declared on November 8, even as the department has issued over 3,100 notices to various entities on charges of tax evasion and hawala-like dealings.

The department, they said, has seized cash and jewellery worth over Rs 428 crore during the same period even as the new currency seized (majorly Rs 2000 notes) is valued at about Rs 86 crore. “The total undisclosed income admitted or detected as part of this action, till December 19, is more than Rs 3,185 crore,” they said. The agency has also referred over 220 cases to its sister agencies like the CBI and the Enforcement Directorate (ED) to probe other financial crimes like money laundering, disproportionate assets and corruption as part of their legal mandate.

 

[foxtrot1]

Why are there Muslims areas first of all.. yeh Mohalla Mohalla kya laga rakha hai

 

[Hindustani78]

http://www.thehindu.com/news/nation...s.40-lakh-in-new-currency/article16919314.ece
Sleuths of the Income Tax (IT) investigation wing seized currency to the tune of Rs.40 lakh in the brand new Rs.2,000 denomination from a five-member team at Edapally on Wednesday.

Acting on specific information, IT officials sent decoy hoarders to the team, comprising residents of Coimbatore in Tamil Nadu, to get the voided currency notes exchanged in lieu of the newly introduced notes.

“They were in a vehicle registered in Tamil Nadu and would have made similar trips before during the last one month after demonetisation to launder black money on commission. The exact amount seized is being ascertained as we are still counting. We are also recording their statements,” sources confirmed to The Hindu.

The IT officials are also trying to verify how the gang managed to get such a huge sum in brand new currency when there is a ceiling on banking transactions. The officials are likely to share information with the Enforcement Directorate, which investigates money laundering cases. Also to be seen is if the gang had received the support of some bank officials in hoarding huge stashes of the new currency.

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http://www.thehindu.com/news/nation...f-Secretary/article16920271.ece?homepage=true

CRPF men deployed outside the residence of Tamil Nadu Chief Secretary P. Rama Mohana Rao at Anna Nagar in Chennai on Wednesday.


Cash, gold seized in searches on official’s premises across 3 States
In simultaneous searches, unprecedented in their scale and nature, the Income Tax Department on Wednesday went through the residential and office premises of Tamil Nadu Chief Secretary P. Rama Mohana Rao in Chennai, Bengaluru and Andhra Pradesh, and seized Rs. 30 lakh cash in new currency and 5 kg of gold. Besides, they unearthed “undisclosed income” to the tune of Rs. 5 crore from the house of Mr. Rao’s son, Vivek Papisetty, in Thiruvanmiyur here.

The raids began early in the morning at Mr. Rao’s two-storied bungalow in Anna Nagar here and extended to 10 other places, including his office in the State Secretariat. Considering that the State police were under the Chief Secretary’s command, the I-T officers, in the afternoon, requisitioned deployment of armed personnel from the Central Reserve Police Force to provide security. Nearly 100 senior officials of the I-T department were involved in the operations.

I-T department sources said the searches were carried out based on evidence gathered during the recent raids at the business and private premises of J. Sekhar Reddy, an expelled member of the Tirumala Tirupati Devasthanam Board-cum-government contractor and his two associates. Reddy, a big-time sand mining contractor, was on Wednesday arrested by the CBI, which registered cases with regard to money laundering and under the Prevention of Corruption Act and the Indian Penal Code and remanded in judicial custody.

ncome Tax officials step out of the house of Tamil Nadu Chief Secretary P. Rama Mohana Rao in Chennai on Wednesday night. | Photo Credit: R. Ragu
A senior official in the Income Tax Investigations Wing in Chennai told The Hindu that more people would come under their scanner. According to the taxmen, the searches were conducted in connection with Mr. Rao’s links to Reddy. On December 8, the I-T department cracked a case of money laundering after scrutinising the premises of Reddy, sand miner K. Sreenivasulu and their associate Prem Kumar. Reddy runs a firm JSR Infra Developers Private Limited.

The I-T department said that during the searches, Rs. 96.89 crore cash in withdrawn high denomination notes and Rs. 9.63 crore in new Rs. 2,000 currency notes, along with gold weighing 127 kg and worth approximately Rs. 36.29 crore, were seized from the trio.

(With inputs from S. Murali in Ongole)

 

[satvikAcer]

Who has higher social status in India, dalit and muslim?

Dalit

 

[Hindustani78]

Dalit

Dalits means oppressed in Sanskrit .

http://www.deccanherald.com/content/587864/ex-tn-chief-secys-son.html

Income Tax officials today claimed that former Tamil Nadu Chief Secretary P Rama Mohana Rao's son has "admitted to a total unaccounted income of about Rs 17 crore", a day after I-T raids were carried out at the top bureaucrat's house, office and other premises linked to his kin in connection with a tax evasion probe.

"Vivek has admitted to a total unaccounted income of about [approximately] Rs 17 crore which includes Rs five crore disclosure made by him yesterday," a top tax official told PTI on the condition of anonymity.

He said disclosure of income made by Vivek happened against the backdrop of evidence gathered by tax sleuths after they zeroed in on Shekar Reddy and his associate from whose premises cash of Rs 135 crore and 177 kg gold bars were seized recently. Vivek could not be contacted for his comment.

Rao was today replaced from the top post and Additional Chief Secretary Girija Vaidyanathan was appointed as the new Chief Secretary. Similarly, in related searches conducted by I-T sleuths at the premises of two individuals here -- one of them a former IFS official who headed the state's Environment Impact Assessment Authority -- the duo had also admitted unaccounted money, the official said.

"While the former IFS official has admitted to unaccounted money -- an income of about Rs 1.1 crore, another person has admitted to Rs 1.75 crore," the official said, adding such disclosures by them have come close on the heels of "evidence following the Shekar Reddy case".

To a query if they had seized anything from the duo, the official said "some seizures," without elaborating further. Continuing its crackdown on black money post demonetisation, the Income Tax department had yesterday searched 11 locations linked to Rao, including his official chamber and residence, besides those of his son, and claimed to have seized Rs 30 lakh in new currency and five kg gold.

The searches were also conducted in Chitoor on premises of Rao's relatives in neighbouring Andhra Pradesh. IT officials had yesterday claimed Vivek had admitted to having undisclosed income of Rs five crore.

*****
http://www.deccanherald.com/content/587835/i-t-dept-recovers-rs.html

Nagaon (Assam), Dec 22, 2016, (PTI)

In a major seizure, the Income Tax Department today recovered at least Rs 2.3 crore cash in new currency notes from a local businessman.

According to officials, I-T sleuths raided the house and business entity of Amulya Das, owner of Mahim Enterprises in Nagaon town, this afternoon.

"The counting is not yet over. So far Rs 2.3 crore have been recovered. All the cash are in new notes of Rs 2,000 and Rs 500. The amount may increase further," an official said.

When contacted, Nagaon Superintendent of Police Debaraj Upadhaya confirmed the development.

"The raid is being carried out by the Income Tax Department. We have given them only the background support. They have raided Mahim Enterprise owned by Amulya Das in Boro Bazar area," he said.

Upadhaya said cash worth "several crores" have been seized and they were of "new notes".
It was learnt that Das was in the business of gutkha and pan masala even though they are banned.

I-T officials engaged one person to buy pan masala from that establishment and when he asked for a cash memo, it was refused.

At that moment, I-T officials under the leadership of Raktim Saikia raided the establishment this afternoon.

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http://www.deccanchronicle.com/nati...ials-seize-rs-134-cr-in-2000-rupee-notes.html
Chennai: The Directorate of Revenue Intelligence (DRI) officials on Thursday bust a Hawala racket and seized Rs 1.34 crore in new Rs 2,000 denomination besides foreign currencies worth $7000 from a gang of five at the Chennai airport.

The DRI Chennai zone officials intercepted five persons outside the Anna International airport here in the wee hours of Thursday.

The incident came to light days after the DRI officials seized 85.58 lakh cigarettes worth over Rs 10 crore from a container coming from Singapore at Inland Container Depot, Tughlakabad.

Raids are being carried out across the country in the wake of the burgeoning fake currency racket post demonetisation.

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http://www.deccanchronicle.com/nati...-20-lakhs-in-new-notes-seized-2-arrested.html

Sambhal: Two persons were arrested after over Rs.20 lakh in new notes were recovered from them on the Moradabad road here.

Police intercepted a car and found currency notes packed in two bags in Chandausi area here last night, SDM Amit Kumar said on Thursday.


The duo identified as Vishnu Srivastav and Ranjit Kumar were taken to a police station where the Income Tax department team opened the bags which were found to be carrying Rs 16 lakh in Rs 2000 notes and remaining cash in the denomination of Rs.100, Rs.50 and Rs.10.

They said the cash belonged to one Anshul Kumar of Moradabad, the SDM said, adding investigations were on.

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http://www.hindustantimes.com/india...bai-airport/story-DgsYpXAMoBdadJyDaY4BDM.html

Cash worth Rs 28 lakh in new Rs 2,000 denomination notes was seized from a Dubai-bound passenger at Mumbai’s international airport on Thursday, an official said.

The passenger, identified as Ashraf Veetil (30), was about to board a Jet Airways flight to Dubai on Thursday afternoon when he was found carrying the notes in his bag.

“When his bags were checked, Veetil was found carrying Rs 2,000 notes worth Rs 28 lakh,” an official of Chhatrapati Shivaji International Airport said.


These notes were kept inside his check-in bag, the official said, adding, “These bills were hidden inside a jeans pant, over which he had kept various items like cooker, toys and tissue papers”.

He has been detained and is being interrogated in this regard, the official said.

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http://www.hindustantimes.com/india...st-note-ban/story-p3EzrIB7QPFBHBPGiCGiDP.html

The income tax department on Thursday said it had carried out at least 43 search and survey operations across Gujarat post-demonetisation and unearthed undisclosed income as well as assets worth Rs 73.09 crore, including new currency of Rs 3.53 crore.

According to the director general of investigations of I-T Gujarat, P C Mody, as many as 30 searches and 13 surveys were carried out in different parts of the state after the Centre scrapped high value currency notes on November 8.

“During our searches we have seized cash as well as assets worth Rs 22.93 crore, including Rs 3.53 crore in new currency. During our survey operations, people have admitted to unaccounted income of Rs 50.16 crore,” said Mody at press conference in Ahmedabad on Thursday.

The senior I-T official also informed reporters that the department visited Memnagar branch of a private bank on Thursday to verify information related to transactions being done using dummy accounts.

“We only did verification upon receiving an input that transactions were made using some suspected dummy bank accounts. We have collected some documents from the bank. Further investigation is still on,” said Mody.

Mahesh Shah to be called for questioning

On Mahesh Shah, the businessman who had declared Rs 13,860 crore under the Income Declaration Scheme (IDS) and then claimed that the cash declared by him belonged to others, Mody said he will be called again for questioning.

“We will call him again for questioning. I want to assure you that whatever action as per the law deserves to be taken will be taken,” said Mody.

Principal chief commissioner of income tax, Gujarat, B D Gupta told reporters that Shah along with his chartered accountant Tehmul Sethna may face criminal proceedings for misleading the department.

“As of now, he has not revealed any names. We may file a complaint against Shah and his CA under IPC for filing false declaration. We have submitted a report to higher authorities in this regard. You will be informed very soon about our next step,” Gupta told reporters at the I-T headquarters.

67-year-old Shah, a property dealer, shot into limelight after he declared Rs 13,860 crore under IDS which closed on September 30. Later, Shah claimed that he was used a ‘front’ by some persons in declaring that money.

Shah was supposed to pay Rs 1,560 crore as the first instalment on the undisclosed income. Though November 30 was the last date, he failed to deposit the money, prompting officials to cancel his declaration and start an inquiry.

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http://www.hindustantimes.com/india...dering-case/story-X8NAPh5HMTYc0Vz3jVPIXI.html

A Kolkata-based businessman, arrested in connection with alleged conversion of over Rs 25 crore old currency in new notes, was on Thursday sent to seven days in Enforcement Directorate custody by a city court which was told that he was required to unearth the money trail.

Additional Sessions Judge Sanjiv Jain granted ED the custody of businessman Paras M Lodha, who was arrested late Wednesday after being questioned here in connection with the conversion of over Rs 25 crore of old notes in to new notes in Shekhar Reddy and Rohit Tandon cases.

The ED, in its plea seeking 14 days remand of Lodha, said his custodial interrogation was necessary to identify the names and details of international and Hawala operators involved in the matter and others who have committed the offence of money laundering under Prevention of Money Laundering Act (PMLA).

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http://www.hindustantimes.com/india...valley-scam/story-iKqy9yx8xgeniwSC6j6KdO.html

The Enforcement Directorate (ED) on Thursday attached assets worth Rs 1,250 crore, including six hotels, in its money laundering probe in the Rose Valley case.

This came months after the agency filed charge sheet under the provisions of the Prevention of Money Laundering Act (PMLA) before a sessions court against the Chairman of the Rose Valley group of companies Gautam Kundu and others.

Kundu was arrested last year by the agency under the anti-money laundering laws in Kolkata and is currently in judicial custody.

A charge-sheet had earlier been filed by the ED before a special court in Kolkata pertaining to the groups’ alleged ponzi operations in West Bengal.

The group had allegedly floated a total of 27 companies for running the alleged chit fund operations out of which only half-a-dozen were active.

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http://www.hindustantimes.com/india...osed-income/story-FlwN1cLLSAdMtUmkoTcQ9J.html

The income tax department has detected over Rs 3,590 crore of undisclosed income while more than Rs 93 crore in new notes have been seized as part of its country-wide operations against black money hoarders after the demonetisation of two high value currencies by the government.

Official sources said the taxman has carried out a total of 760 search, survey and enquiry operations under the provisions of the Income Tax Act since the note ban was declared on November 8, even as the department has issued 3,589 notices to various entities on charges of tax evasion and hawala-like dealings, till Wednesday.

The department has seized cash and jewellery worth over Rs 505 crore during the same period even as the new currency seized is valued at more than Rs 93 crore.


“The total undisclosed income admitted or detected as part of this action, till December 21, is more than Rs 3,590 crore,” they said.

The agency has also referred a total of 215 cases to the Enforcement Directorate (ED) and 185 cases to the CBI in order to enable them to probe other financial crimes like money laundering, disproportionate assets and corruption as part of their legal mandate.

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[satvikAcer]

I said dalit because the question asked dalit,i don't refer to anyone as salir or harijan.

But muslims are the most backward on india living in slums poorly and that's due to their own decisions filled with hatred against bharat.

Sc people have genuine disabilities which are being removed soon.

 

[ashok321]

• Demonetisation: RBI mourns loss of credibility

 

[Hindustani78]

Income Tax recovered new currency notes worth Rs 2 Crore 30 lakhs from Amulya das buisness apartment during a raid in Nagaon.

 

[Hindustani78]

I said dalit because the question asked dalit,i don't refer to anyone as salir or harijan.

But muslims are the most backward on india living in slums poorly and that's due to their own decisions filled with hatred against bharat.

Sc people have genuine disabilities which are being removed soon.

The Term given by Mahatma Gandhi is Harijan. Lord Vishnu is also called Hari and Jan means people/nation.

Lord Rama (or Ramacandra) is the seventh avatar of the Vishnu.




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http://www.hindustantimes.com/india...osed-income/story-dVUaRTwiXcQOy4sgJcjKwO.html

Income Tax department said on Friday it has detected over Rs 3,651 crore of undisclosed income while more than Rs 98 crore in new notes has been seized as part of its country-wide operations against black money hoarders post demonetisation.

Official sources said the taxman has carried out a total of 785 search, survey and enquiry operations under the provisions of the Income Tax Act, across the country, since the note ban was declared on November 8, even as the department has issued 3,647 notices to various entities on charges of tax evasion and hawala-like dealings, till Thursday.

The department has seized cash and jewellery worth over Rs 522 crore, with cash being Rs 433 crore, during the same period and the new currency seized is valued at more than Rs 98 crore.

“The total undisclosed income admitted or detected as part of this action, till December 22, is more than Rs 3,651 crore,” they said.

The agency has also referred over 230 cases to the Enforcement Directorate (ED) and 190 cases to the CBI in order to enable them probe other financial crimes like money laundering, disproportionate assets and corruption as part of their legal mandate.

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http://www.hindustantimes.com/india...t-officials/story-QXFQWFMNXJtk01yku0x9qM.html

The Income Tax Department has detected nearly Rs 48 crore undisclosed income from seven bullion dealers during a search of their premises in the city and on verifying their bank accounts, an official said on Friday.

“The search operation of the seven bullion merchants and verification of their bank accounts have resulted in the detection of undisclosed income of Rs 47.74 crore after demonetisation of high value notes on November 8,” said IT Department official Alex Mathew in a statement.

The investigation wing of the department found that the dealers had exchanged the high demonetised notes on commission from people wanting to convert their black money into white through smaller jewellers.

 

[danger007]

Currency Seized

Post-demonetisation, the Income Tax Department has made over 760 searches and seizures amounting to Rs 505 crores, out of which more than 93 crore was new currency.


http://wap.business-standard.com/ar...zed-rs-93-cr-in-new-notes-116122300429_1.html


Haha such a huge amount of black money unearthed.

 

[Hindustani78]

Police of Ahmedabad Crime Branch Produce Arrested 2 Persons with Liquor Worth 2.75 Lac Along with Hard Cash 18 Laces (New Bank Notes worth Approx 14 Lac) in front of media at crime branch office in Ahmedabad.

 

[Hindustani78]

Navi Mumbai Police arrest six persons with new currency notes worth Rs 35 Lakhs

Navi Mumbai Police arrest six persons and seized new currency notes worth Rs 35 Lakhs and 2 Kgs of Gold Bars in Navi Mumbai.

http://www.thehindu.com/news/nation....-27-lakh-in-new-currency/article16940211.ece

The Gujarat police on Saturday detained three persons and allegedly recovered Rs. 27 lakh in new currency notes of Rs. 2,000 denomination from them in Bhuj town.

The local police have referred the case to the Income Tax authorities after recovering the cash.

No documentary proof

According to the police, the three persons were probably exchanging new notes with demonetised bills on a commission basis and the they acted on a tip-off.

On interrogation, they failed to provide any documentary evidence regarding holding large amount of cash. The three were identified as Irfan Mistry, Abdul Odiyan and Imran Majotha.

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[Hindustani78]

Kerala excise officials on Sunday seized unaccounted cash of over Rs 51.8 lakh from two passengers of a bus at nearby Irrity.
http://www.hindustantimes.com/india...near-kannur/story-U38O1WuXQZWvgJbn9G2zyK.html

In the second major haul of currency in the last three days in the state, Rs 51,80,000 in Rs 2,000 notes and Rs 6,300 in Rs 100 notes were found in the bags of Ranjith Salangi (24) and Rahul Adhik alias Rahul Ghatoo (22), travelling in a bus coming from Bengaluru.

The duo, in their early 20s and hailing from Maharashtra, were found carrying the cash without any supporting documents after which they were detained.

The haul came just two days after police seized Rs 39.98 lakh in Rs 2,000 denomination at Tirur area in Malapuram district.

Excise officials said today’s seizure was made when a special Excise squad, acting on a tip-off, intercepted the Kerala State Road Transport Corporation (KSRTC) bus heading to nearby Payyanur around 3.30am.

They were taken into custody and would be questioned by income tax officials here.

Busting a currency exchange racket involving Rs 2,000 notes, police had on Friday seized Rs three lakh from Shoukath Ali, already facing a hawala case, and, based on information provided by him, recovered Rs 36.98 lakh from the residence of a businessman.

 

[Hindustani78]

http://www.thehindu.com/news/nation...scated-from-bus-in-Kerala/article16942771.ece

Two youths from Maharashtra were transporting the money from Bengaluru
Unaccounted-for cash to the tune of Rs. 51.86 lakh, almost all of them in Rs. 2,000 denomination, was on Sunday seized by Kerala excise officials from two passengers of a bus coming from Bengaluru at nearby Irrity, in the second major haul of currency in the last three days in the State.

They found Rs. 51.80 lakh in Rs. 2,000 notes and Rs. 100 notes for Rs. 6,300 in the bags of Ranjith Salangi (24) and Rahul Adhik, alias Rahul Ghatoo (22). The duo, in their early 20s and hailing from Maharashtra, were found carrying the cash without any supporting documents after which they were detained.

The haul came just two days after the police seized Rs. 39.98 lakh in Rs. 2,000 denomination at the Tirur area in Malapuram district.

A special excise squad intercepted the KSRTC bus heading to Payyanur and arrested the duo.

http://www.deccanchronicle.com/nati...eposited-in-15-sbi-accounts-in-arunachal.html
Guwahati: In what has created a sensation in Arunachal Pradesh, more than Rs 1300 crore, suspected to be black money, was deposited in few bank accounts in the state.

Though, SBI officials refused to divulge the specific bank details, sources in the bank admitted that they have recorded the deposit of Rs. 800 crore in the state soon after demonetisation.

A local daily of Itanagar, the Eastern Sentinel claimed that Rs 1300 crore was deposited in 15 bank accounts of SBI in Itanagar after demonetisation of currency. The editor of the newspaper claimed that they published the story three days back on the basis of information provided by SBI officials. “The bank has neither contradicted our story nor clarified it as yet,” the editor of the local daily said.

Claiming that banks have informed the authorities about these deposits, security sources said that suspicion on clandestine transactions in the frontier state started following the suicide of a HDFC branch manager at Naharlagun in a mysterious circumstance.

Pointing out that HDFC branch manager Rituparna Gohain has also left a suicide note, in which he confessed and named few contractors and politicians who exchanged and deposited demonetised currency in his branch to which he could reconcile in the accounts of the bank, security sources said

The suicide note is with the with police.

Asserting that a huge of amount of currency was smuggled to Itanagar from Assam only a day after demonetization of currency, security sources said that the HDFC branch manager was under pressure from various quarters to justify their clandestine exchange and deposits. Though, police is tight-lipped about the suicide note as it may open Pandora’s box.

Security sources said that a huge amount of old currency was also deposited in the Arunachal Pradesh State Cooperative Apex Bank branches of the state.

In absence of core-banking facilities with the Apex Bank, security sources said that bank officials have not been able to reconcile their accounts as yet. Security sources said that there were reports of bank officials functioning till late in the night and taking deposits even after the banking hours.

Indicating that many political leaders from Assam routed their black money through banks in Arunachal Pradesh, security sources said that a large number of new accounts were also opened after the demonetization to adjust and transfer the black money from the accounts of local residents of Arunachal Pradesh. It is significant local residents of the state are not required to pay any tax on their income.

Security sources, stressing the need of a thorough investigation into all the transaction of Arunachal Pradesh banks, said that there were reports of exchange of money at large scale from remote districts of the state.

 

[Hindustani78]

http://www.deccanchronicle.com/nati...-cash-rs-36-lakh-in-rs-2000-notes-seized.html

The car sped away without stopping at the checkpost but police managed to chase and intercept it at Perumanallur.

The police searched and found cash Rs 36 lakh in the denomination of Rs 2,000 notes in the vehicle. (Photo: PTI)
Coimbatore: Unaccounted cash to the tune of Rs 36 lakh in the denomination of Rs 2,000 notes were seized from a car in nearby Tirupur district, early on Tuesday and five persons taken into custody in this connection, police said.

During a routine vehicle check, the car sped away without stopping at the checkpost but police managed to chase and intercept it at Perumanallur, some 10 KM from Tirupur, they said.


They searched and found cash Rs 36 lakh in the denomination of Rs 2,000 notes in the vehicle, police said adding five persons from here were taken into custody for interrogation.

Police have informed the Income Tax Department.