Latest News

Income Tax department, ED to step into cases exposed by ACB | Published: 12th October 2017 | Posted Date: Thursday 12th October 2017 07:56 PM

Hyderabad: Public servants booked by the Anti Corruption Bureau (ACB) under the Prevention of Corruption Act are also likely to be booked under the Prohibition of Benami Properties Act by the income-tax department.

Those caught with disproportionate assets will most likely be grilled by the Enforcement Directorate and I-T too.

This means that an officer who has been raided and booked cannot escape with a single Prevention of Corruption Act case. 

During the raid, if any unaccounted money transaction is found, or properties are found to be registered in a private person’s name, the ED and the I-T Special Branch can get in on the act too. This is happening in the two Telugu speaking states.

While the prohibition of Money Laundering Act  cases will be booked by the ED, the prohibition of Benami Properties Act cases will be booked by the Income Tax department. 

Probes by I-T, ED to be parallel
A senior income tax officer, speaking on condition of anonymity, told this newspaper that in a majority of disproportionate assets cases booked by the Anti Corruption Bureau, there are two aspects: the assets could be accumulated through illegal means, and the public servant could have registered the properties in benami or proxy names.

“If this is found to be the case, then the I-T and Enforcement Direc-torate investigate further, with the reference provided by the ACB. The accused will be further booked under the Benami Transactions (Prohibition) Amend-ment Act and the Prevention of Money Laundering Act, 2002 (PMLA),” the officer said.

The Anti Corruption Bureaus of TS and AP will soon be referring cases to the ED and I-T.

AP ACB Director-General R.P. Thakur said, “I-T and ED will run a parallel investigation and book cases accordingly. The AP ACB is already working on referring three big catches. 



Central Wakf Council for amending rules

A few members suggested that the board should avoid middlemen including mutawallis and collect rents directly.

Hyderabad: She team awareness camp held

Hyderabad has been successful in enhancing the sense of security among women and with this campaign.

Why violate privacy of accused: Hyderabad high court

The Hyderabad High Court directed the Director General of Police of AP to explain by June 26 under how this was being allowed.

Centre wont tolerate terrorism, says Hansraj Gangaram Ahir

Whoever acts against the country, we will take action against them.

Osmania University cautions PHD aspirants

The university advised students to alert its officials if they were approached by touts.

Hyderabad: Four held for selling baby for Rs 80,000

Woman had promised the mother a job, then abducted the baby.

Congress leaders divided over dissidents Delhi visit

Senior legislator D.K. Aruna asked the leadership who was encouraging jokers and brokers in the party.

Angry Telangana Rashtra Samithi seeks action against MP T G Venkatesh

The TRS will meet the same fate if it fails to extend support to demand for SCS to AP, he had said.

MS techie in US missing since 2017

His father has written to the minister of external affairs, Ms Sushma Swaraj, to help trace his son.

Telangana sports quota: Candidates with fake papers to face action

The orders come a fortnight after the scam in allotting medical college seats under the sports quota was exposed.

Kids packed into autorickshaws like sardines, Hyderabad traffic police book 130 cases

The autorickshaw was carrying nine students.

Hyderabad traffic police to go tough on footpath encroachers

The traffic police has resumed the crackdown after complaints of roads being blocked due to encroachments.

comments powered by Disqus