IT raid on Dainik Bhaskar: Income tax investigation in Dainik Bhaskar group continued for the third day, department also issued statement
The investigation in the Dainik Bhaskar Group of the Income Tax Department of the Central Government continued for the third day on Saturday. Meanwhile, the Income Tax Department issued a statement in the midst of the investigation, claiming that they have found irregularities in some documents. However, legal and tax experts say that it is extremely unusual for the Income Tax Department to issue a statement in the middle of an investigation.
On Thursday, different teams of the department launched operations at Dainik Bhaskar Group's offices in Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Maharashtra, New Delhi and Noida and 20 residential premises. The team of central officers is being given full cooperation from the Bhaskar group.
Religion of fair journalism: Despite disagreements, highlights of the statement of the Income Tax Department
The Bhaskar Group is publishing the key excerpts of its statement, despite disagreement with the Income Tax Department's claims. A statement was issued by the Income Tax Department on Saturday night claiming that irregularities have been noticed in the group regarding tax on income of Rs 700 crore in 6 years. It is being investigated further. Along with this, investigation is also being done in various companies regarding cyclical trade, fund transfer and loan in real estate company.
The Income Tax Department has said in its statement that the examination is still going on with respect to the income and expenditure of the company. Documents are being viewed regarding various transactions and tax payments. On all these issues, Bhaskar management has said that there is no irregularity in the irregularities reported by the department.
Full factual information and documents are being provided to them on all these issues, so that the situation can be clarified. On the other hand, the department has also informed that the investigation of another Lucknow based group has been completed. There, irregularities in income and tax have been found in the documents.
In Hindi Article:- https://akbnews01.blogspot.com/2021/07/blog-post_599.html
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