Press Esc to close
Friday 22 August 2014
News updated at 5:03 AM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

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
Prime Minister Narendra Modi addresses a gathering in Nagpur on Thursday...

Prime Minister Narendra Modi addresses a gathering in Nagpur on Thursday...

A leopard walks towards a lagoon at Yala National Park...

A leopard walks towards a lagoon at Yala National Park...

Ashok Leyland's new truck “Boss” gets launched in Ahmedabad ...

Ashok Leyland's new truck “Boss” gets launched in Ahmedabad ...

Sonal Chauhan walks the ramp at the Lakme Fashion Week Winter/Festive 2014 ...

Sonal Chauhan walks the ramp at the Lakme Fashion Week Winter/Festive 2014 ...

National Ambulance Service vans during their launch in Allahabad ...

National Ambulance Service vans during their launch in Allahabad ...

Veteran actor Dharmendra at an event in New Delhi on Thursday...

Veteran actor Dharmendra at an event in New Delhi on Thursday...

Solar Panel Scam accused, Saritha Nair at the Court in Coimbatore on Thursday...

Solar Panel Scam accused, Saritha Nair at the Court in Coimbatore on Thursday...

A woman with her child at a relief camp after Naga miscreants killed Assamese villagers ...

A woman with her child at a relief camp after Naga miscreants killed Assamese villagers ...

Fire fighters try to control a fire that broke out at a plastic godown at Kaduvetti ...

Fire fighters try to control a fire that broke out at a plastic godown at Kaduvetti ...

Emran Hashmi with Humaima Malik during a promotional event of their new movie in Bengaluru ...

Emran Hashmi with Humaima Malik during a promotional event of their new movie in Bengaluru ...

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