New Delhi: The income tax department on Saturday claimed to have found “fictitious transactions” of Rs 2,200 Crores two days after conducting raids in various Dainik Bhaskar Media Group offices.
“Quantum escape revenue using this (Shell company and fake expenditure) modus operandi, detected so far, the number of Rs 700 Crore is spread over 6 years.
However, quantum maybe more as a group has used several layers and investigations being carried out to reveal the entire trace of money, “Said the IT department in a statement Add it.
The tax department further claimed that the cyclical trade and transfer of funds among the group companies “engaged in non-related businesses” with the RS 2200 Crore tone has also been found.
“Questions have confirmed that this has a fictitious transaction without movement or the expression of the actual item.
Effect Taxes and violations of other laws are being examined, “he said.
The IT department carried out attacks in several states of Dainik Bhaskar Group and TV channels based in Uttar Bharat SamaChar because of the alleged tax evasion, withdrawing sharp responses from several quarters, including the commotion in Rajya Sabha.
Media groups, on the day of raids, have posted messages on their websites that say the government is afraid of true journalism.
From the corpse on the Ganges River to Corona’s death, the group carrying real numbers in front of the country was raided by the government, the allegation in a message in Hindi.
“I am independent because I am Bhaskar, only an important reader in Bhaskar,” he said.
Investigate the fictitious RS 2200CR transaction, said I-T Dept.
