Kishor Bhajiyawala: I-T Raid on Surat’s Tea Seller for Black Money
Income Tax Officers have recovered the black money from the home of Kishor Bhajiyawala
Income Tax Officials seized the gold ornaments worth Rs 2.67 Crore. And this ornaments was from the locker of Bhajiyawala’s dummy account. On Saturday they seized the money from his account in surat People’s Co-operative Bank
However, the Enforcement Directorate (ED) is set to join the probe. From the Surat Income Tax Department, ED officials are also collecting the information about Bhajiyawala.
ED officials are also interested in collecting the information about Bhajiyawals’s wealth. They all are figure out that whether money laundering case can be registered against him.
Since this raid was started on 13th December 2016. The income tax officials had seized the gold ornament worth Rs 9.67 Crore from the Bhajiyawala’s lockers. Many searching is done by the Directorate of Investigation (DI) wing of the Surat Income Tax Department. It is expected to continue this investigation for more few days.
The I-T officials found that Bhajiyawala also operate many other locker. One of the locker operated by Bhajiyawala had 2 kg gold ornaments worth Rs 2.67 crore.
On Sturday evening I-T officials reached at plot no. 23 at Udhyog Nagar Society, Udhna. They told that the open plot is owned by Bhajiyawala.
However, they also suspecting that the Bhajiyawala might have hidden property documents or cash.
I-T officials also carried out searches at the old jewelry shop in Bhagatalo area in Surat owned by Bhajiyawala. They also seized many land related documents from there. Bhajiyawala never used to give this shop on rent and it always close for long time.
It is always said that the I-T officials also find out the new documents opened. They are investigating the new bank accounts opened in Udhna Branch of Surat People’s Co-operative bank from November 9 till date.
The Officials also said that Bhajiyawala could have opened new bank accounts and deposited cash in them.