During the searches, the agency found digital evidence indicating that an assessee group had been inflating purchases of dry fruits over the years. Additionally, it is alleged that unaccounted cash was being received back by the directors of the group against payment made to various entities for such purchases.
Income Tax Department seized unaccounted cash of Rs 63 lakh & jewellery of Rs 2 Cr in search operations conducted on Oct 28 in Jammu & Kashmir and Punjab in connection with cases of persons engaged in the business of processing & trading of dry fruits: Ministry of Finance
— ANI (@ANI) November 5, 2021
The department found that one group maintained a parallel set of books of accounts, and there was a vast difference between the sales and purchases recorded in books of accounts. “One of the groups was also indulging in unaccounted purchases and sales of dry fruits. As a result, excess stock to the tune of ₹40 crores has been found,” said the agency, adding that a Benami proprietary concern was also being run.
In both groups, the claim of deduction under Section 80IB of the Income-tax Act was found to be fake and estimated to be about ₹30 crores. “The search action has resulted in the seizure of ₹63 lakh in unaccounted cash and jewellery worth ₹ two crores…14 bank lockers have been placed under restraint,” the agency said.
Covid-19: India reports over 2.51 lakh new cases with positivity rate at 15.88%; 627 deaths
India recorded 2,51,209 new cases of the novel coronavirus, along with 627 deaths due to the infection in the past 24 hours. According to the data shared by the Union Health Ministry on Friday (January 28), the country saw 3,47,443 discharges in the last 24 hours, taking the total recovery rate at around 93.60 per cent, and total recoveries data reached 3,80,24,771.
The total active cases of COVID-19 in India have declined to 21,05,611 (5.18 per cent), the ministry data showed today.
The total death toll in the country is now at 4,92,327. The first death due to the COVID pandemic in India was reported in March 2020.
The daily positivity rate is at 15.88 per cent today. According to the Indian Council of Medical Research (ICMR), 72,37,48,555 samples have been tested up to January 27 for COVID-19. Of these, 15,82,307 samples were tested on Thursday.
Meanwhile, according to data released by the health department, Delhi reported 4,291 fresh Covid-19 cases on Thursday and 34 deaths. As a result, the Test Positivity Rate (TPR) in the national capital dropped to 9.56 per cent.
On Wednesday, the national capital reported 7,498 fresh COVID-19 cases and 29 deaths in a day as the positivity rate rose marginally to 10.59 per cent.
In view of the decline in fresh Covid cases, the Delhi Disaster Management Authority decided to lift weekend curfew and the odd-even system of opening non-essential shops in the city besides allowing restaurants, bars, cinema halls and theatres to reopen with 50 per cent capacity.
Delegation of Jammu University Teachers’ Association calls on Lt Governor
Today, the office-bearers of the Jammu University Teachers’ Association called on Lieutenant Governor Manoj Sinha at Raj Bhawan.
The delegation led by the President of the Association, Prof. Pankaj Srivastava, submitted a memorandum of demands to the Lt Governor pertaining to various welfare issues of the teachers of the University including promotion under CAS; grant of earned leave and enhancement of the age of superannuation to 65 years in favour of teachers, and various other benefits as per UGC regulations, besides establishment of housing society exclusively for University teachers.
The Lt Governor, while interacting with the delegation members, advised them to make continuous efforts to create a conducive environment for learning and innovation in the University.
The Lt Governor assured them that the issues projected would be looked into meticulously for their early redressal.
JKP Border Battalion aspirants submit memorandum to Div Com Jammu
Today, a delegation of aspirants seeking recruitment in the Jammu and Kashmir Police Border Battalion called on Divisional Commissioner Jammu, Dr Raghav Langer.
The Aspirants apprised the Divisional Commissioner that they had applied for the post of Head Constable advertised by the Jammu and Kashmir Police Recruitment Board in 2019 and appeared in Physical and medical tests. But now, the JKP HQRS (police recruitment board) has reissued an advertisement notification for the recruitment of Head Constable in the border battalion.
The Aspirants demanded the withdrawal of the new advertisement issued by JKP HQRS. They further appealed to conduct the written examination of already qualified candidates and give a separate ad for more vacancies.
The Divisional Commissioner gave a patient hearing to the delegation and assured that the matter would be taken up with police authorities.
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- Covid-19: India reports over 2.51 lakh new cases with positivity rate at 15.88%; 627 deaths January 28, 2022
- Delegation of Jammu University Teachers’ Association calls on Lt Governor January 28, 2022
- JKP Border Battalion aspirants submit memorandum to Div Com Jammu January 28, 2022
- Centre extends COVID-19 restrictions till February 28 January 28, 2022
- J&K govt orders transfers, postings in civil administration January 28, 2022
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