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I-T dept charges Lalu�s kin under Benami Act

By The Assam Tribune
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NEW DELHI, June 20 - The Income Tax Department has charged family members of RJD chief Lalu Prasad, including his wife, son and daughters, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion.

The department has served notices of attachment of assets to Lalu�s daughter Misa Bharti and her husband Shailesh Kumar, Lalu�s wife and former Bihar Chief Minister Rabri Devi, son and Bihar Deputy Chief Minister Tejashwi Yadav and daughters Chanda and Ragini Yadav.

The attachment notice, accessed by PTI, has been issued under Section 24(3) of the Benami Transactions (Prohibition) Act and Lalu�s kin have been identified as �beneficiaries� of the benami assets.

The department has attached immovable assets such as land, plots and buildings in Delhi and Patna which bear a �deed� value of Rs 9.32 crore but the taxman has estimated their current market value at Rs 170-180 crore.

A total of nine plots in Phulwari Sharif in Patna, where a mall is reported to have been coming up, has also been attached by the department.

The tax department had carried out countrywide searches in this case last month.

Benami properties are those in which the real beneficiary is not the one in whose name the property has been purchased.

Violation of the Act carries rigorous imprisonment of up to seven years and a hefty fine.

The 1988 Act was implemented by the Union Government from November 1 last year.

Tax department officials had said Prasad�s kin held some of the properties under their scanner in a �benami� way.

The RJD chief, however, had sought to put up a brave face after the raids, saying he was �not scared at all� and would continue to fight against �fascist forces�.

�BJP mein himmat nahi hai ki Lalu ki awaz ko daba sake... Lalu ki awaz dabayenge to desh bhar me karoron Lalu khare ho jayenge... Main gidarbhabhki se nahi darne wala hoon (BJP does not have the courage to stifle my voice... If it tries to silence one Lalu, crores of Lalu will come forward. I am not scared of empty threats),� he had said in a series of tweets after the search operation.

The BJP had also accused Prasad, Bharti and his two sons Tejashwi and Tej Pratap, both ministers in the Bihar government, of involvement in corrupt land deals worth over Rs 1,000 crore, and asked the Central Government to probe one such transaction in Delhi. � PTI

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I-T dept charges Lalu�s kin under Benami Act

NEW DELHI, June 20 - The Income Tax Department has charged family members of RJD chief Lalu Prasad, including his wife, son and daughters, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion.

The department has served notices of attachment of assets to Lalu�s daughter Misa Bharti and her husband Shailesh Kumar, Lalu�s wife and former Bihar Chief Minister Rabri Devi, son and Bihar Deputy Chief Minister Tejashwi Yadav and daughters Chanda and Ragini Yadav.

The attachment notice, accessed by PTI, has been issued under Section 24(3) of the Benami Transactions (Prohibition) Act and Lalu�s kin have been identified as �beneficiaries� of the benami assets.

The department has attached immovable assets such as land, plots and buildings in Delhi and Patna which bear a �deed� value of Rs 9.32 crore but the taxman has estimated their current market value at Rs 170-180 crore.

A total of nine plots in Phulwari Sharif in Patna, where a mall is reported to have been coming up, has also been attached by the department.

The tax department had carried out countrywide searches in this case last month.

Benami properties are those in which the real beneficiary is not the one in whose name the property has been purchased.

Violation of the Act carries rigorous imprisonment of up to seven years and a hefty fine.

The 1988 Act was implemented by the Union Government from November 1 last year.

Tax department officials had said Prasad�s kin held some of the properties under their scanner in a �benami� way.

The RJD chief, however, had sought to put up a brave face after the raids, saying he was �not scared at all� and would continue to fight against �fascist forces�.

�BJP mein himmat nahi hai ki Lalu ki awaz ko daba sake... Lalu ki awaz dabayenge to desh bhar me karoron Lalu khare ho jayenge... Main gidarbhabhki se nahi darne wala hoon (BJP does not have the courage to stifle my voice... If it tries to silence one Lalu, crores of Lalu will come forward. I am not scared of empty threats),� he had said in a series of tweets after the search operation.

The BJP had also accused Prasad, Bharti and his two sons Tejashwi and Tej Pratap, both ministers in the Bihar government, of involvement in corrupt land deals worth over Rs 1,000 crore, and asked the Central Government to probe one such transaction in Delhi. � PTI