Hindustan Times (Delhi)

Judges call security to escort Katju out

- Cash component in per cent

Attorney General Mukul Rohatgi said “the underlined portion (of the blog) is intemperat­e but not bordering on contempt”.

In his blog post on September 17, Justice Katju called the verdict a “grave error” not expected from “judges who had been in the legal world for decades”.

Justice Katju criticised the bench for believing “hearsay evidence” that Soumya jumped off a train, instead of being pushed out by Govindaswa­my”.

“Even a student of law in a law college knows this elementary principle that hearsay evidence is inadmissib­le,” he wrote.

Katju, known to ruffle feathers, recently attacked Chief Justice of India TS Thakur and retired chief justice RM Lodha for the verdict directing the Indian cricket board BCCI to implement administra­tive reforms.

Katju had been appointed by BCCI to interact with justice Lodha on the issue of reform

in Indian cricket. Total hidden wealth seized

2012-13 2013-14 2014-15 2015-16 2016-17* Cash component in hidden wealth Critics argued the move would do little to unearth black money hoarded by the rich who park their cash in different asset classes than keep it idle.

Tax data seem to bear that out. For instance, in income-tax probes from April 1 to October 31 this financial year, black-money holders accepted having stashed `7,700 worth of ill-gotten assets. The cash component was merely Rs 408 crore or 5%.

The remaining was invested in business, stocks, real estate and benami bank accounts, the data show. Financial year 201516 saw the highest black-money detection in the period, of which 6% was cash.

The actual proportion of cash

 ??  ?? *Till October 31, 2016
*Till October 31, 2016

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