I-T dept conducts raids at dozen locations in Karnataka
Bangalore: The Income-Tax Department Tuesday said it is conducting searches at about a dozen premises in Karnataka on charges of tax evasion.
The raids are being conducted in state capital Bangalore, Hassan and Mandya and the department said the action is aimed against tax evaders and blackmoney generators.
Official sources, however, indicated that links of these persons with respect to ongoing polls will also be a part of the investigative operation.
"The searches are based on credible intelligence that certain businessmen have earned income not disclosed to tax and are in possession of undisclosed assets.
"Taxpayers covered in the search operations are engaged in the business of real estate, quarrying and stone crushing, executing government contracts, operating petrol bunks, saw mill and managing cooperative banks," the department said in a statement.
These are sectors, it added, which are "prone" to generation of blackmoney.
It said five residences in Hassan, one each in Bangalore and Mandya along with their business premises are being covered as part of the search operations.
About a dozen premises are being searched, sources added.
28 Lok Sabha seats in the state will go to polls in two phases on April 18 and 23.
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Trump says he ‘hasn’t even thought about’ continuing Iran ceasefire
Washington: US President Donald Trump has said he has not yet considered whether he would continue the ceasefire involving Iran, while also claiming the United States holds the advantage in negotiations.
Speaking to reporters, Trump said he was prepared to make a deal with “whoever is running the show” in Iran.
“They are fighting with each other, there’s tremendous infighting. They’re probably fighting for leadership in many cases. I think they’re fighting not to be leader because we knocked out two levels of leaders,” he said.
Trump added, “When they want they can call me. We have all the cards, we’ve won everything.”
Referring to ongoing negotiations, he said, “They gave us a paper that should’ve been better. And, interestingly, immediately when I cancelled it [envoy trip to Pakistan], within 10 minutes we got a new paper that was much better.”
“We talked about they will not have a nuclear weapon, very simple … They offered a lot, but not enough,” he added.
When asked whether he would continue the ceasefire, Trump replied, “I haven’t even thought about it.”
The remarks come as uncertainty remains over the future of the temporary truce and broader negotiations between Washington and Tehran.
