The raids conducted by investigation wing of Jaipur income tax directorate at Shiva Corporation India Limited continued on Wednesday.
Unaccounted cash of Rs.
5.71 crore had been seized from different premises till the filing of the report.
the persons belonging to this group are involved in acquiring a piece of land auctioned by Jaipur Development Authority last year for a record sum of Rs.
235 crore,” said a senior I-T official.
The department is trying to find out source of money utilised in this purchase.
Sources say a huge chunk of money was diverted from Madhya Pradesh for this transaction.
Search and seizure operations started on Wednesday on 30 residential and business premises of Shiva Corporation India Limited of Rajasthan and his associates.
The search and survey operations were conducted at Jaipur, Udaipur, Jodhpur, Jaisalmer, Sriganganagar in Rajasthan, New Delhi, Kolkata, Haryana and Gwalior in Madhya Pradesh.
The group is involved in the businesses of road construction, real estate, sand mining, marble mining and processing, liquor vends, toll collection and hotels.
In respect of the toll collection business, it has been detected that a substantial portion of the toll collected is not recorded in the books of account and is siphoned off by the partners and directors.
Sources say large number of incriminating documents had been seized from premises of KPS Bhadauria in Gwalior as well indicating generation and utilisation of unaccounted income.
These documents are being examined to ascertain the quantum of undisclosed income by the various assesses of this group.
The search operations were on till the filing of the report.
The Lokayukta’s special police establishment ( SPE) team on Thursday caught red-handed an assistant subinspector while he was accepting bribe of Rs. 1,000 from roadside vendors on Jain College premises.
According to SPE official, deputy superintendent of police (DSP) Dharmaveer Singh Bhadauria, there was a complaint that the assistant sub-inspector (ASI) Ramlakhan Dohre was charging Rs. 1,000 each from roadside shop owners.
One of them Mohammad Shakil Siddiqui had lodged a complaint against the ASI with the Lokayukta, Gwalior office.
The Lokayukta team trapped Ramlakhan Dohre while he was accepting bribe of Rs. 1,000 from Shakil Siddiqui.
Dohre was caught red-handed. He has been booked under the Prevention of Corruption Act.
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