The Income Tax Department confiscated assets worth over 1,000 crores in raids linked to Maharashtra Deputy Chief Minister Ajit Pawar, officials said.
According to sources, five properties have been seized, including Nirmal Tower in Mumbai’s Nariman Point.
Tax searches were undertaken at Mr. Pawar’s sisters’ homes and businesses last month.
In response to the searches and raids, Mr. Pawar said last month that “all the entities” linked to him had paid their taxes on time.
The Benami Property Wing of the Income Tax Department has provisionally attached a flat worth Rs 20 crores in South Delhi, Parth Pawar’s office at Nirmal House, estimated to be worth Rs 25 crores, a sugar factory in Jarandeshwar worth around Rs 600 crores, and a resort in Goa worth around Rs 250 crores.
In addition, the government agency has provisionally attached 27 parcels of land across Maharashtra, with a combined market value of about 500 crores. Ajit Pawar and his family are thought to hold all of these assets.
“Every year, we pay taxes. I am aware of budgetary discipline since I am the Finance Minister. All entities associated with me have paid their taxes “According to the 62-year-old NCP leader.
He had made the following remark about the misuse of investigation agencies: “I’m upset because my sisters’ homes, which they married 35 to 40 years ago, were raided. People must ponder about it if they were raided as Ajit Pawar’s relatives…the way the agencies are being misused, “he stated
