Sources stated a lot of the property are within the names of people that earn lower than Rs 15,000 monthly.
Bhopal:
The continuing revenue tax division searches in Madhya Pradesh have revealed the potential for each retired and serving bureaucrats and cops having been related to over 100 benami or undisclosed properties within the tasks of two excessive profile Bhopal-based builder-realtor teams.
NDTV is in possession of some paperwork that declare a former particular Director Common of the Madhya Pradesh Police and IPS parked crores with Religion builders which is owned by one of many two builders raided on Thursday.
The Central Board of Direct Taxes (CBDT) in a press launch stated the Earnings Tax Division carried out a search and seizure operation on Thursday at numerous areas in Bhopal. Throughout the course of the search operation, paperwork pertaining to about 100 properties within the nature of plots, flats and agricultural lands having market worth of about Rs 105 crore have been discovered.
The continuing searches have additionally led to paperwork of properties owned on paper by folks with low incomes, residing in a single room lodging in Bhopal, suggesting these might really be benami properties owned by wealthy and high-profile people.
Sources stated most of those properties are registered within the names of people that earn lower than Rs 15,000 monthly.
Paperwork point out that an enormous quantity of undisclosed money was invested in these properties within the final 6 years.
A lot of the properties have been discovered within the names of individuals of no means, indicating that these are benami properties. Throughout the search, money and jewelry price Rs. 1.eight crore have been seized.
Source link
