Tax department slaps charges against Lalu Yadav's family under Benami Transactions Act

Last Updated: Tue, Jun 20, 2017 16:25 hrs
Chartered Accountant of Lalu Yadav's daughter Misa held for money laundering

New Delhi: The Income Tax department on Monday attached 12 plots of Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav's daughter Misa Bharti, her husband Shailesh, wife Rabri Devi and Bihar deputy CM Tejashwi Yadav.

According to reports, the market value of attached property is Rs. 175 crores while the book value (purchase rate on records) of the property is Rs. 9.32 crores.

Earlier on Monday, IT department seized benami properties of  Misa Bharti, Shailesh Kumar and also Bihar Deputy Chief Minister Tejaswi Yadav.

The IT department had issued two summonses to Misa, but after she failed to appear, the IT department proceeded to seize the properties which were raided in May.

On June 13, The IT- Department has summoned Shailesh Kumar, in connection with the benami assets and tax evasion case registered against him.

On June 7, the IT department slapped a fine of Rs. 10,000 against Shailesh on account of not appearing for interrogation.

Earlier, Misa Bharti and her husband Shailesh were summoned by the IT department in connection with a 'benami' assets case.

The summons were issued days after the arrest of Bharti's Chartered Accountant (CA) Rakesh Agrawal, in connection with an Enforcement Directorate probe into a Rs. 8,000 crore money laundering racket, involving two Delhi-based businessmen and a few political entities.

Agrawal was arrested under provisions of the Prevention of Money Laundering Act (PMLA) for allegedly being instrumental in providing accommodation entries (illegal funds) to launder the money of businessmen brothers- Virendra Jain and Surendra Jain.

The IT department in its summons reportedly said it wishes to question Misa and her husband on transactions conducted by M/s Mishail Packers and Printers Private Limited.

The IT department had conducted raids and surveys at about 22 locations in Delhi and adjoining areas in connection with alleged benami deals of Rs 1,000 crore by Lalu's family.

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