Income Tax officials continue searches for third day at Jaya TV and other locations in Tamil Nadu
Jailed All India Anna Dravida Munnetra Kazhagam leader VK Sasikala, her family, and their business associates are being investigated for alleged tax evasion.
The Income Tax Department on Saturday continued its searches at locations connected to jailed All India Anna Dravida Munnetra Kazhagam leader VK Sasikala (pictured above), her family and their business associates, ANI reported.
Officials searched 40 new places as part of the operation that began on Thursday. In Chennai, taxmen continued their searches at the offices of Tamil newspaper Dr Namadhu MGR, Jaya TV, and the residence of the channel’s Managing Director Vivek Jayaraman and his sister Krishna Priya, who are Sasikala’s nephew and niece.
Alleged tax evasion matter: Income Tax Department's raids continue at 40 locations. In Chennai, the raids are continuing for the 3rd day at Dr Namadhu MGR (Tamil newspaper) and Jaya TV Offices, also at the residence of Managing Director Vivek Jayaraman & his sister Krishna Priya pic.twitter.com/pOrxCad5KP
— ANI (@ANI) November 11, 2017
“The volume and value of cash and documents seized would be known only after they are totalled after completing the entire operation,” an official had told IANS on Friday.
The searches are connected to several high value deposits allegedly made and rerouted through different companies in the months after demonetisation, Income Tax officials in Chennai had earlier told Scroll.in. They are also connected to dubious investments, fund flow and fudging of accounts, PTI had quoted unidentified Income Tax officials as saying.