Page 3 - Sit Raid News Today

The Income Tax sleuths on Friday conducted searches in multiple locations in Tamil Nadu linked to Electricity, Prohibition and Excise minister V Senthil Balaji.

L7 Group chief Ravi Agarwal’s offices and residences were amongst places raided

The Lokayukta authorities searched Gangadharaiahs home, an Assistant Director of Town Planning (ADTP) at Bruhat Bengaluru Mahanagara Palike (BBMP).

The shareholder of the firm Karthik is the son of Anna Nagar DMK MLA MK Mohan whose house has been raided by Income tax.

The shares of the company on Monday fell down to Rs 526.85 in the morning sessions and then came up to Rs 531.95 at 1:42 pm IST, down by 2. 48 per cent.

The unfortunate thing is the ban itself but what is even more unfortunate is the coercive action thereafter - in this case the income tax raids on BBC office," he said.

The Central Board of Direct Taxes (CBDT) issued a statement without naming the media organisation and said that I-T teams unearthed crucial evidences by way of statement of employees, digital proof and documents. Officials said the statement pertains to the British Broadcasting Corporation (BBC). Income Tax Surveys at BBC Offices: Income, Profits Not Commensurate with Operations in India, Says CBDT.

Several of the newspapers have said that by targeting the BBC, the Modi government may have undermined India's global democratic credentials.

These universal rights are the bedrock of democracies around the world, Ned Price has asserted

The move comes weeks after the BBC, the national broadcaster of the United Kingdom, released a documentary on Prime Minister Narendra Modi's role in the 2002 Gujarat riots.