I-T raids in UP: The tale of two Jains | All you need to know
The Income Tax Department conducted raids at the premises of perfume baron and Samajwadi Party legislator Pushpraj Jain 'Pampi' in Uttar Pradesh’s Kannauj on Friday. Searches were carried out at around 50 locations in poll-bound UP, the national capital region (NCR), Mumbai and other places, based on specific inputs of tax evasion, sources said. The searches were mostly on those who are involved in business of perfumery.
Earlier this month, the Directorate General of GST Intelligence (DGGI) had raided Kanpur-based perfume trader Piyush Jain and recovered over 197 crore in cash, 23 kg gold and goods worth Rs 6 crore from premises linked to him in Kanpur and Kannauj. Interestingly, Pushpraj Jain and Piyush Jain are in same business and live in the same neighbourhood.
Watch this video to know more about the two cases.
Earlier this month, the Directorate General of GST Intelligence (DGGI) had raided Kanpur-based perfume trader Piyush Jain and recovered over 197 crore in cash, 23 kg gold and goods worth Rs 6 crore from premises linked to him in Kanpur and Kannauj. Interestingly, Pushpraj Jain and Piyush Jain are in same business and live in the same neighbourhood.
Watch this video to know more about the two cases.