IT Department raids 100 places in TN, AP in mining, export firms tax evasion case
Chennai, Oct 25 : The Income Tax Department (ITD) on Thursday launched multiple raids at over 100 locations in Tamil Nadu and Andhra Pradesh as part of a tax evasion probe against mining and mineral export companies, officials said.
The searches are being conducted at the premises of at least four such business groups in Chennai, Coimbatore, Tirunelveli, Tuticorin and Karaikal in Tamil Nadu and Vishakhapatnam and Srikakulam in Andhra Pradesh, they said.
One of the firms identified by ITD officials is V V minerals of Tamil Nadu.
Over 130 ITD officials are conducting the operation with assistance from security and police personnel, they said.
They said the companies that are being searched are involved in mining, processing and export of beach sand minerals in an alleged illegal manner that led the taxman to probe tax evasion charges against them.
The alleged illegal profits earned through this, they said, was subsequently ploughed for investments into other businesses of these groups like spinning mills, sugar mills, hotels, engineering colleges and some blue metal businesses.
Some overseas transactions of these companies, made in alleged violation of tax laws, is also under the scanner of the department and the sleuths are looking for documents, to substantiate these charges, during the raids, they added.
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Absconding accused with 35 warrants held at Mangaluru airport
Mangaluru: A man against whom 35 arrest warrants had been issued for failing to appear before court was arrested at Mangaluru International Airport upon his arrival from abroad.
The accused, identified as Abbas G, a resident of Peruvai in Bantwal, was wanted in connection with a case registered at Vital Police Station under Sections 143 (unlawful assembly), 147 (rioting), 148 (rioting with deadly weapons), 504 (provoke with intention of breach of peace), 506 (criminal intimidation), 323 (voluntarily causing hurt), 324 (voluntarily causing hurt using weapons), and 326 (voluntarily causing grievous hurt) read with 149 of the Indian Penal Code.
Abbas had repeatedly failed to appear before the court for trial and had been absconding abroad for a prolonged period.
Acting on specific information about his return, immigration authorities alerted the police, following which a team from Vital Police Station apprehended him at the airport.
The operation was carried out by Head Constable Mohan and Police Constables Venkappa.
He was subsequently produced before the jurisdictional court, which remanded him in judicial custody.
