IT raid on hair export company unearths Rs 65 cr worth undeclared assets
Bengaluru: Income Tax raids on a hair exporting company in north Karnataka has exposed a staggering Rs 65 crore worth of undeclared assets, informed IT officials of Karnataka and Goa.
The company was raided in December 2017. During the raid it was found that the company had no valid documents to prove the sale of hair worth Rs 65 crores. IT sleuths have also seized jewellery and cash worth Rs 5 crore during the raid. Highly placed sources also revealed that some temples had links with this company.
Exporting hair : The company which used to collect hair from temples, beauty parlours and girls' hostels after paying for the same used to export the same to South Africa and European nations. There is much demand for hair and wigs in European and African nations. Sources say the company has done business worth 6 billion in 2015.
The company reportedly belongs to a Congress leader name Srinivas Gupta. Even the residence of Gupta was raided.
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Punjab Police cops withdrawn from Kejriwal's security
Chandigarh, Jan 23 (PTI): Punjab Police personnel deployed in the security of Aam Aadmi Party national convener Arvind Kejriwal have been withdrawn, the state police chief said on Thursday.
"Time to time, we get reports of threats to chief minister Bhagwant Mann and Arvind Kejriwal and we share them with the concerned agencies.
"Following the directions of the Delhi police and the Election Commission today, we withdrew the component of the Punjab police in the security of Kejriwal ji," Director General of Police Gaurav Yadav told reporters in Patiala.
"We showed our concerns to them. We will remain in touch with them. We will share our inputs with the Delhi police," he said.
The development comes ahead of the elections for the 70-member Delhi Assembly on February 5. The poll results are set to be declared on February 8.
