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I-T traces ₹120 cr deal with big corporate
The New Indian Express Sambalpur
|January 11, 2025
TRAILING the financials of Hansita Abhilipsa and Anil Mohanty, the Income Tax department has stumbled upon a startling transaction of ₹120 crore between a 'corporate entity' and the accused.
Preliminary probe suggests Hansita and three other suspects used to liaison for the entity since the last three years for business development.
"Out of the total transactions, it has been ascertained that ₹65 crore was untaxed," said I-T department sources.
Earlier in the week, the property of Hansita, her ex-husband Saroj Kumar Sahoo and Anil spanning three states - Odisha, West Bengal and Jharkhand - were searched.
Now, the tax department's investigation has traced purported benami financial transactions worth ₹120 crore between the three and the corporate entity having pan-India operations. A fourth suspect is also under scanner.
This story is from the January 11, 2025 edition of The New Indian Express Sambalpur.
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