India News | Pan India Income Tax Raids Underway to Unearth Bogus Donations to 'Political Parties'
Get latest articles and stories on India at LatestLY. The Income Tax (IT) department is conducting raids on political parties across the country on Wednesday in connection with the alleged bogus donation and tax fraud, said sources.
New Delhi [India], September 7 (ANI): The Income Tax (IT) department is conducting raids on political parties across the country on Wednesday in connection with the alleged bogus donation and tax fraud, said sources.
The raids are underway in multiple cities in over half a dozen States. These political parties were involved in serious financial impropriety by receiving donations without due statutory compliances, according to sources.
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Sources further said the Election Commission of India in May this year took action against such political parties who had claimed IT exemption without complying with statutory requirements and deleted 87 political parties from its list for bogus donation and tax fraud and violating norms.
In Lucknow, the IT team arrived at the residence of Rashtriya Krantikari Samajwadi Party chief Gopal Rai.
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According to sources, several NGOs are run by Rai. The IT department is investigating cases related to tax evasion.
Further details are underway. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)