Gujarat News: Earnings tax raids account for ‘political donations’ price Rs 4000 cr made by RUPPs in Gujarat | India News
As the Earnings tax department performed raids in extra than one cities, a huge crackdown on illegal donations used to be made in Gujarat in relation to dummy political parties.
In the ongoing search, the I-T department on Sunday revealed that the registered unrecognized political parties (RUPPs) within the articulate have data of donations of as a minimum Rs 4,000 crore within the past three financial years. These political parties had no ground presence as no project used to be performed since their inception and used to be being outmoded as a front to enact money laundering within the articulate.
The searches had been performed at 23 offices of these political parties primarily based fully fully mostly in Ahmedabad. No no longer up to 25 chartered accountants within the articulate have additionally been zeroed down and are beneath the central agency’s scanner to accumulate a buy of the principle folks carrying out this money laundering.
The IT department within the articulate had additionally tried to contact the party articulate of enterprise bearers who had turned out to be shoe house owners, cobblers, or autorickshaw drivers. Following this, KYC and various bank small print are additionally being investigated.
I-T Dept’s Crackdown On Political Donations
On September 7, the Earnings Tax Division performed raids at over 50 locations at some point soon of the nation and searches had been performed in extra than one cities including Delhi, Ghaziabad, Lucknow, Gurugram, and Jaipur.
The I-T department is particularly concentrated on registered unrecognised political parties, their linked entities, operators and others. Just no longer too long ago, the Election Commission of India had announced that it used to be taking action in opposition to extra than 2,100 registered unrecognised political parties for flouting solutions and election laws, including those associated to filing of financial contributions, failing to interchange their take care of and names of articulate of enterprise bearers. It additionally critical that nearly all these parties had been indulging in serious financial impropriety.
Reportedly, the central agency’s crackdown came on a recommendation of the EC which struck off 87 entities from its list of registered unrecognised political parties after they had been came at some point soon of non-existent at some point soon of physical verification. Meanwhile, sources indicated that about 200 locations at some point soon of Gujarat are additionally being raided by the I-T department. It is believed that the persons who’re being searched are shut to Aam Aadmi Celebration or are funding it. AAP is making an strive to fabricate inroads within the upcoming Gujarat Assembly polls which have traditionally witnessed a straight away contest between BJP and Congress.