New Delhi : Income Tax sleuths who raided Uttar Pradesh liquor baron and businessman Ponty Chadha's properties in the state and in Delhi in connection with suspected tax evasion found no money during the search at his Centerstage mall in Noida on Wednesday. Earlier, reports in some sections of media had claimed that money was retrieved from the mall during the raid.
A team of 20 officials armed with counting machines and gas cutters had raided the Centrestage Mall in Noida in the outskirts of Delhi to seize cash stored in its basement. However, no money was found after the lockers were opened.
Searches were also conducted in Delhi at 13 locations including at the posh Sainik Farms and in Lajpat Nagar. In UP, meanwhile, I-T teams comprising 200 officials undertook similar operations at six locations in Noida, Moradabad and the state capital, Lucknow.
The searches, which began at around 10.30 on Wednesday, were initiated after the department got inputs regarding alleged tax evasion by firms associated with him, the sources said.
I-T sleuths also searched the properties of two of his alleged associates - Lalit Kapoor and Gurjeet Kochhar - in Delhi and are expected to question them about certain transactions.
They said that the department conducted the operation after gathering intelligence and other inputs about Chadha and his businesses in the last four months.
More raid are expected to be carried out today.
A team of 20 officials armed with counting machines and gas cutters had raided the Centrestage Mall in Noida in the outskirts of Delhi to seize cash stored in its basement. However, no money was found after the lockers were opened.
Searches were also conducted in Delhi at 13 locations including at the posh Sainik Farms and in Lajpat Nagar. In UP, meanwhile, I-T teams comprising 200 officials undertook similar operations at six locations in Noida, Moradabad and the state capital, Lucknow.
The searches, which began at around 10.30 on Wednesday, were initiated after the department got inputs regarding alleged tax evasion by firms associated with him, the sources said.
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I-T sleuths also searched the properties of two of his alleged associates - Lalit Kapoor and Gurjeet Kochhar - in Delhi and are expected to question them about certain transactions.
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They said that the department conducted the operation after gathering intelligence and other inputs about Chadha and his businesses in the last four months.
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More raid are expected to be carried out today.
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