New Delhi -°C
Today in New Delhi, India

Aug 24, 2019-Saturday
-°C

Humidity
-

Wind
-

Select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Saturday, Aug 24, 2019

Rs 400 cr plot linked to Mayawati’s brother seized by income tax officials

The provisional order for the attachment of the seven-acre plot, ‘beneficially owned’ by Anand Kumar and his wife Vichiter Lata, was issued on July 16 by the Delhi-based Benami Prohibition Unit (BPU) of the department.

india Updated: Jul 18, 2019 13:44 IST
Press Trust of India
Press Trust of India
New Delhi
The attached asset, considered a ‘benami’ property of Kumar and his wife by the department, measures 28,328.07 square meters or about seven acres, the order said.
The attached asset, considered a ‘benami’ property of Kumar and his wife by the department, measures 28,328.07 square meters or about seven acres, the order said. (AFP FILE)
         

The Income-Tax Department has attached a ‘benami’ plot worth Rs 400 crore in Noida belonging to BSP supremo Mayawati’s brother and his wife, an official order said.

The provisional order for the attachment of the seven-acre plot, “beneficially owned” by Anand Kumar and his wife Vichiter Lata, was issued on July 16 by the Delhi-based Benami Prohibition Unit (BPU) of the department.

Mayawati recently appointed Kumar as national vice president of the Bahujan Samaj Party. The order, accessed by PTI, has been issued under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988.

The attached asset, considered a ‘benami’ property of Kumar and his wife by the department, measures 28,328.07 square meters or about seven acres, the order said.

The book value of the property is Rs 400 crore, it said. The law stipulates that a violator of the Benami Act can face rigorous imprisonment up to seven years besides being liable to pay fine up to 25 per cent of fair market value of the ‘benami’ property.

The department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016 after the Modi government enforced the dormant-lying law from that year.

The I-T Department is the nodal department to enforce the Benami Act in the country.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)

First Published: Jul 18, 2019 13:42 IST

more from india