I-T dept claims AAP Min evaded Rs 120 cr in tax
NEW DELHI: The Income Tax department, which carried out search operations at premises belonging to Kailash Gahlot, on Saturday said it has found documents that show the Delhi Cabinet Minister had evaded tax worth Rs 120 crore.
"We have found evidence of tax evasion to the tune of Rs 120 crore," a senior Income Tax department official, requesting anonymity, told IANS.
The amount of tax evasion by Gahlot is a "conservative" figure as of now, the official added.
Documents recovered from the Minister's premises show office boys, peons and other employees to have been extended loans and to be holding equity worth Rs 70 crore in several "shell" companies, the official added.
"We have also detected several benami properties in the names of employees and a huge piece of land in the name of a driver," the official said.
The official also said that the sleuths have found evidence of Gahlot's investment in a property in Dubai.