Wednesday, December 27, 2017

Income Tax raids back on premises of Sasikala, relatives

Income Tax action is back in Tamil Nadu after a break, as officials started the exercise of examining documents at premises related to recent searches on 187 locations including those linked to jailed sidelined AIADMK leader V K Sasikala.



The development comes three days after the results of the RK Nagar byelection had been declared. Sasikala's nephew TTV Dhinakaran won the election as an independent candidate.



The places being searched include Midas Distilleries at Padappai near Chennai, Sai Group of Companies in Padappai, the Adyar residence of Karthikeyan (the son-in-law of Sasikala's relative Illavarasi), a college in Coimbatore and its treasurer's house.



“We have received fresh leads about unaccounted investments by the family members in some of the group companies,” a senior tax department official was quoted as saying. The official said the raids were a continuation of the searches that were held in these places in November.



The exercise involves lifting of prohibitory orders under which documents, materials or articles like jewellery were placed securely in the premises that were raided.



Most of these places were part of the earlier searches by the department. From November 9 to 13, the department conducted searches in 187 places belonging to Sasikala, her relatives and supporters.

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