Advertisement

HindustanTimes Sat,12 Jul 2014

I-T raid on 'Mayawati's friend' Ponty Chadha

PTI  New Delhi, February 01, 2012
First Published: 12:26 IST(1/2/2012) | Last Updated: 13:31 IST(1/2/2012)

The Income Tax Department on Wednesday conducted searches at the premises of prominent Uttar Pradesh-based liquor baron and businessman Ponty Chadha, in Uttar Pradesh and at a few locations in Delhi.

Advertisement

The searches, which began early this morning, were conducted at more than 10 premises of the businessman after the I-T department got inputs regarding alleged tax evasion by firms associated with him, sources said.

The searches were conducted by the Delhi-based Criminal Investigation Unit of the department and, according to the sources, the searches were related to the alleged mis-pricing of huge liquor consignments in the state and other places.

Chadha is one of the largest liquor businessman of the state, with numerous dealerships, and his business interest is also in the Cinema and multiplex sector.

A number of residential and official premises in the state and neighbouring Noida were covered in the searches by a team of about 80 I-T officials, the sources said.


Advertisement
more from New Delhi

Delhi temperature likely to cross 40°C today

There was no hint of any relief from hot and humid conditions in Delhi as residents of the national capital woke up to a sweaty day with the mercury tipped to cross the 40-degrees Celsius mark.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved