The ED has now seized the property, agency sources said.
The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
The national carrier has started approaching Indian banks and public sector undertakings for disposal of these properties including floorspace in prime locations.
Sule filed her nomination on Tuesday for the Rajya Sabha bypoll.
The I-T department also attached 34 bank accounts and fixed deposits, valued at Rs 1.45 crore, of the Gitanjali group.
The Villa, owned by United Breweries Holding, was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
Though the erstwhile scion of Gwalior and present Bharatiya Janata Party member of Parliament Yashodhara Raje Scindia only has Rs 15,400 cash in her hand, she owns a dinner set worth over Rs 1.54 crore, according to the affidavit she filed along with the nominations papers in Shivpuri in Madhya Pradesh on Wednesday.
The I-T Department has served notices of attachment of assets to Lalu's daughter Misa Bharti and her husband Shailesh Kumar, his wife and former Bihar Chief Minister Rabri Devi, son and Bihar Deputy Chief Minister Tejashwi Yadav and daughters Chanda and Ragini Yadav.
While police is on the lookout for six people, including local BJP leader Dhirendra Pratap Singh, two have been arrested. Police have detained five others in the case. Besides the eight accused, the first information report also mentions 20-25 unnamed accused of which three people who were later identified as Munna Yadav, Raj Pratap Yadav and Rajan Tewari were arrested on Saturday, Additional SP Sanjay Yadav said.
Singh, who is on a four-day visit to Jammu and Kashmir, said that a permanent solution to Kashmir issue is based on five 'Cs' -- compassion, communication, coexistence, confidence building and consistency.
Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless" efforts to recover money from defaulters.
The assessee will also have to declare whether such items and their value were disclosed at the time of filing wealth tax returns earlier.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
Dhirendra Pratap Singh allegedly shot dead Jai Prakash Pal Gama, 46, on Thursday following a quarrel over the allotment of ration shops at Durjanpur village in Ballia's Reoti area. Senior administration and police officials were present at the meeting when the incident took place.
Vadra is expected to be questioned again on either Friday or Saturday.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
Moving ahead in the multi-crore Saradha chit funds scam case, the Enforcement Directorate (ED) on Wednesday attached assets, including a school, a cement factory and few resorts, worth Rs 60 crore (Rs 600 million) in West Bengal in connection with its money laundering probe.
The apex court said the faith of Hindus that Lord Ram was born at the site was undisputed, and he is symbolically the owner of the land.
When an NRI returns to India, he should be aware of his tax residency status.
Ahead of VK Sasikala's return to Tamil Nadu on February 8, there are some important questions facing her. One, does she carry electoral weight more now than her brainchild AMMK had in the 2019 LS polls? Two, can she retain or build upon the five per cent vote-share from that time? And finally, is there space for Sasikala to retrieve, first within the AIADMK and then across the state, says N Sathiya Moorthy.
The agency said that it could not find any 'strong evidence' against Indresh Kumar, Sadhvi Pragya, Rajendra and Ramesh alias Prince.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Else, repent when you reach your golden years
Spelling out practical problems it has encountered in implementing the Justice Lodha committee's reforms in the Board of Control for Cricket in India and its affiliates in totality, Mumbai Cricket Association said it already has in place measures that, by and large, jell well with the reform process.
Have you planned to file your income tax return? But, did you check Form 26AS before tax filing? If you haven't verified it, you could be looking at trouble
The Enforcement Directorate on Wednesday night arrested the wife and son of the alleged kingpin of the multi-crore Saradha chit fund scam accused Sudipta Sen in a money laundering case.
The prime accused deployed a modus operandi of claiming the investment in real estate purchased in the name of third party as unsecured loan
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Education remains one of the key focuses of the new government.
As per the affidavit she filed on Friday along with the nominations for the bypoll, Jayalalithaa has total assets of Rs 117.13 crore, which include Rs 45.04 crore of movable assets and Rs 72.09 crore of immovable assets.
Two days after Vishwa Hindu Parishad leader Pravin Togadia reportedly told people that those from a minority community should be stopped from buying properties in Hindu-dominated localities, the Election Commission has sought the recording of the speech he had made in Bhavnagar.
Metropolitan Magistrate Akash Jain took cognisance of the complaint and fixed the matter for recording of pre-summoning evidence on August 28.
Hudco had in 2006 given a loan of Rs 62.38 crore to Bakshi's private venture, Ascot Hotels and Resorts, for a commercial project in Noida. The loan, however, turned NPA in 2011.
Indian banks on Thursday rejected the loan repayment offer made by Vijay Mallya.
Finance Minister Nirmala Sitharaman has rebutted Congress leaders Rahul Gandhi and Randeep Singh Surjewala's allegations regarding "wilful defaulters, bad loans and write-offs", and stated that they have "attempted to mislead people in a brazen manner".
I-T officials are also looking into the finances of candidates who contested state elections in Uttar Pradesh, Punjab, Gujarat, and Karnataka, reports Shrimi Choudhary.
Out of three chief ministerial aspirants in Delhi, the Aam Aadmi Party's Arvind Kejriwal ranks lowest with assets worth Rs 2.09 crore while Congress leader Ajay Maken tops the chart with Rs 12.34 crore followed by Rs 11.65 crore of the Bharatiya Janata Party's Kiran Bedi.
The high court also took note of Khattar's statement on Friday in which he blamed anti-social elements for the violence, which also spilled over into neighbouring Punjab, Rajasthan and Delhi.
