Press Esc to close
Wednesday 03 September 2014
News updated at 1:59 AM IST
Weather
Max: 27°C
Min : 20°C
In Bangalore
Generally cloudy

Tax dept raids former ministers

Bangalore/Mysore, Sept 12, 2013, DHNS:
PALATIAL HOME: Former Minister Krishnaiah Setty's residence in Malleswaram, which was raided on Thursday. dh photo

Income Tax officers on Thursday conducted simultaneous raids on 32 places owned by former ministers Krishnaiah Setty, S A Ramadas and his brother Srikanth Das, and seized a large quantity of documents, cash and jewellery.

The raids, which started at 8 am and ended at 2 pm, stretched across cities. Residences and offices of the trio and a few outlets of their relatives in Bangalore, Mysore, Malur and Kolar were also searched.

In Bangalore, Setty’s residence and offices at Malleswaram 17th Cross and properties of Ramadas’ younger brother Das at Nettakallappa Circle were raided and documents pertaining to assets, properties, liabilities and tax payment details were seized, sources said.


The raids took place as the trio had allegedly evaded tax and amassed properties disproportionate to their known sources of income. 

“We are yet to ascertain how much tax the three have evaded so far. We have recovered some crucial documents and are in the process of scrutinising them. It would take some time for us get to the bottom of the truth,” an officer, who is part of the raiding team, said.

However, all the three welcomed the raids claiming that they had paid taxes regularly.
In Mysore, the I-T team was almost stopped from raiding the office of Das, a realtor. When the sleuths reached No 434, Sri Narayana Dhama, 3rd Stage, Contour Road, Gokulam, around 8 am, the security guard tried to stop them from entering the premises. However, Ramadas allowed them in later.

Later, a security guard at the gate was found locking the gate at the instruction of the I-T officers. A tax officer, who arrived at the house later, was let in only after he showed his identity card. Another person in plainclothes kept a watch outside. Throughout the raid, the media was kept at bay.

At the same time, another team is learnt to have raided the office of Ess and Ess Infrastructures at Kuvempunagar, an office owned by Das. Though the officers remained tight-lipped about the seized documents, it is learnt that they pertain to real estate holdings of Ramadas and Das. They are said to be owning a large tract of land near Gorur on the outskirts of the city, near Huyilal on Mysore-Hunsur road, to name a few.

Seven outlets owned by Setty and his relatives in Malur and Kolar were also raided. Setty and Das and their relatives are said to have cooperated with the I-T officers.

Go to Top

Photo Gallery
England's Steven Finn survives a run out attempt

England's Steven Finn survives a run out attempt

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

England's Chris Woakes, right, is run out for 10 runs...

England's Chris Woakes, right, is run out for 10 runs...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523