- According to the report, tax evasion of crores of rupees was stolen through shell companies of Delhi-Kolkata.
- Rajiv Saxena, accused in VIP chopper scam, collected a large mount through shell companies
- IT team found evidence of money laundering and hawala business, did not disclose group name
The Income Tax Department on Wednesday raided a Delhi-based business group. During this time, tax evasion of about Rs 1,000 crore has been detected. The Central Board of Direct Taxes (CBDT) said that the Income Tax Department had kept a close watch on the group because of the possibility of transactions in the multi-crore VVIP chopper deal. They may relate the latest tax evasion to the chopper scam.
The CBDT said the business group raided is associated with several e-governance projects and also provides financial services. The department said, “During the raid and seizure action on the group, there has been evidence of large-scale tax evasion, hawala business, and money laundering.” CBDT has not disclosed the name of this business group.
Rajeev Saxena accused of VVIP chopper scam involved
According to the investigating agency, the group used shell companies in Delhi and Kolkata to deal with unaccounted money. The department said that in this case; they investigated earlier several fertilizer buying entities. The Dubai operator Rajiv Saxena was raising huge sums of money through shell companies as commission. Saxena is also an accused in the VVIP chopper scam.
They brought Saxena to India from Dubai
They brought Saxena to India from Dubai in a money laundering and corruption case in the Rs 3,600-crore VVIP chopper scam. The department suspects a large amount of tax evasion by Saxena. According to the primary level investigation, the amount of stolen tax in bringing money through business and illegal methods is Rs 1,000 crore.