Income Tax Raids Against Sasikala Clan Almost Over, Say Officials

13 November, 2017, 03:20 | Author: Brenda Erickson
  • Media personnel stand guard in front of the

"For everything else that needs to be examined still, we have issued prohibitory orders and it (probe) will be resumed in due time", said an I-T official on conditions of anonymity.

After analysing the documents and obtaining clarifications, tax demand would be raised, the official told IANS. The pan-state operation in which an 1,800 strong contingent carried out "Operation Clean Money" has seized several incriminating documents over the past four days and a detailed report of the same is to be sent to the Central Board of Direct Taxes. Apart from tax evasion, the group had also indulged in land grabbing, which is being probed. The news channel further stated that the shell companies were reportedly used to purchase properties by Sasikala. However, it has been concluded in other locations, the official said.

According to him, the nature of this search operation "is different" and it is not just searching the premises and seizing unaccounted cash. "We will have total value of investments only after the completion of the search operation in all the premises", the official said. As the vehicle was carrying question papers for the ensuing semester examinations, it was allowed to offload the question papers.As reported, the authorities from the Income-tax department have been carrying out the searches based on information of concealment of income and evasion of tax by Sasikala, her family members, relatives and their supporters across the state, which commenced on Thursday.

Taylor Swift Went Full Pop Star For 'Ready For It' On SNL
The album may be held from streaming for a week or longer, according to people familiar with the matter. It had the biggest YouTube debut in history with more than 43 million views in the first 24 hours.

Meanwhile at Mannargudi, reports say the I-T officials ended their search at 3.30 am today and reportedly left with a lot of documents seized from a college owned by Dhivakaran.

On Friday, the raids continued in several places including Jaya TV, Namadhu MGR, Jazz Cinemas, Midas Distilleries, Kodanad Tea Estate belonging to late Chief Minister J Jayalalithaa and residences of Vivek Jayaraman and her sister Krishna Priya in Chennai.



Bitcoin Cash Briefly Surpasses the Market Cap of Ethereum at $30 Billion
Ethereum, the second most valuable cryptocurrency by market cap after bitcoin, was down 3.46% at $304.77. The news initially sent bitcoin to an all-time high of almost $7,900 a coin.

Marseille terminate Patrice Evra's contract following ban from European football
Marseille have announced that they have sacked Patrice Evra for kicking a club supporter last week. He played an important role in reviving the team and in the improvement of results.

Oklahoma State CB intercepts end zone pass without looking at the ball
Iowa State fell to 6-4, and the loss left it behind Oklahoma, TCU, Oklahoma State and West Virginia in the Big 12 at 4-3. Green held on to an interception with 32 seconds left to seal a 49-42 win over Iowa State on Saturday.

How and where to watch the planetary event — Venus-Jupiter conjunction
Viewers in NY will see the Jupiter rise first at 5.26am, with Venus coming at 5.31am, according to Seeing the sun through a telescope or binoculars can cause serious eye Problem without proper sun filters.

Target pulls fidget spinners over lead concerns
Fidget spinners have come under fire since going viral for parts that can easily break off and become a choking hazard. Many light-up fidget spinners also contain lithium batteries that can cause severe internal burns if swallowed.

Uber loses appeal in landmark UK case over its drivers' employment rights
United Kingdom labor union GMB hailed a "monumental victory" over the firm following the case. As drivers who use Uber know, this has never been the case in the UK.

Compensation committee to talk Roger Goodell contract
There also are those in the league who believe the only way Goodell would not stay on as commissioner would be if he walked away. And, judging by what Goodell is asking for, it's no wonder that Dallas Cowboys owner Jerry Jones is so upset.

West Indies to Play Twenty20 Series for Next Five Years in Pakistan
The series which is going to be played in the U.S. , will be a triangular series, as the third team is not decided yet. Sethi said the agreement with West Indies showed a confidence by global sides in touring Pakistan again.

Butch Jones out, Brady Hoke takes over at Tennessee
Dooley, Johnny Majors, Doug Dickey and Bowden Wyatt are the only Tennessee coaches to endure one-win conference campaigns. This comes one day after the Vols were blown out 50-17 at Missouri and the Vols' fifth loss in their last six games.

Russian Federation 2018: Morocco, Tunisia join Nigeria, Egypt, Senegal
Meanwhile, Tunisia 's goalless draw against Libya proved enough to seal their World Cup spot from Group A. Gabon had seven and bottom-placed Mali five.