New Delhi / Bhopal / Jaipur: In the main action, income tax official (IT) on Thursday searched in 30 places in several cities, including Indore, Bhopal, Jaipur, Delhi-NCR, Mumbai, Korgba, and Ahmedabad, against Bhaskar Media Groups and promoters in cases of panama paper leaks.
The action triggered protest from the opposition and the media of the body, which called it an attack on press freedom.
The Bhaskar Group reaches actions as retaliation for aggressive pandemic coverage.
Government sources, however, denied the allegations, and said the search was part of the investigation into the alleged tripping by the Bhaskar group, which has interests in other sectors, in addition to the media.
IT officials also searched for media groups based above, Bharat SamaChar, and promoters in different tax evasion cases, he three brothers agarwal – Sudhir, Pawan and Girish – was a promoter of the Bhaskar group and Conglomerate Media Control DB Corp.
Corp.
Ltd., Who has a variety of investments in power, textiles and real estate with turnover around Rs 6,000 Crore.
DB Flagship DB Corp controls at least 100 companies where the I-T department has accused the avoidance of large-scale taxes and investment flyers through the route Mauritius.
Some Shell companies are controlled by groups suspected of having employee employees as shareholders and directors.
The government’s sources claim that the DB group has found in the case of Panama Paper Disclosure 2016, which was examined by a multi-agency group (MAG) consisting of the I-T Department, the Directorate of Enforcement, Financial Intelligence Unit and the RBI.
Astatement released by the Bhaskar group said Raids I-T was carried out in place in MP, Rajasthan, Gujarat and Maharashtra because of the aggressive journalism.
Laptops and cellphone editorial staff and digital are confiscated even though there are these people having nothing to do with company financial transactions, and they are illegally detained.
News updates suffer for several hours, he said.
The opposition also connects the I-T action to reporting media groups regarding the alleged calculation of Covid death and this issue was lifted on Thursday at Rajya Sabha by former MP CM Digvijaya Singh.
After that, several politicians and opposition parties condemned the action against Dainik Bhaskar.
Answering questions about whether IT actions are an attack on journalism, information and broadcasting Minister Anurag Thakur says the institution works without government interference and adding it will become ignorance to achieve conclusions based on incomplete information.
Panama paper leak mentions more than 400 Indian entities but multi-agency questions then find only 146 cases “can be followed up” where the government has so far have income that is not removed from the RS 20,000 Crore.
Although there was no official statement made by the Direct Tax Center Council, APEX cadres controlled the I-T authority, on searching in two groups, government sources accused that people from the Bhaskar group were involved in the alleged round investment.
Round-tripping is a concept that is generally used in the context of money laundering where the fictitious or shell company registered in the Havens tax receives income deposits that are not disclosed and repaired it back to the recipient in the host country as a direct direct foreign investment.
The source said that the Bhaskar Group was in the Radar Tax Authority since 2016 and was being investigated along with other entities under the Black Law.
“Many have their accounts in Singapore while their entities are registered in British Virgin Island,” according to the I-T department.
The department has submitted several Chargesheets in court and serves a notification to many people under the laws of the black money.
Dainik Bhaskar promoters and bungalows of their financial officers are among those who are looking for, said the source.
The editorial team member at the night shift at the HQ Bhopal office – which moved at 6am – was asked to stay inside until 1:00 p.m., the source said.
It’s the same in other editorial offices too.
The search went well until night, and could stretch the night.
There are 20-25 officials at the DB office in the press complex in Bhopal at around 7:30 p.m.
In Jaipur, the I-T teams arrived at the Marg Office Jln Daily.
CM Ashok Gehlot broke the I-T action against the newspaper and called it an attempt to amaze the press.
He tweeted that the government’s inability to tolerate any criticism showed the “fascist mentality” BJP.