Benami assets worth Rs 1833-cr attached; CBDT says strong action will continue

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The Income Tax Department has attached benami assets worth Rs 1,833 crore so far as part of its “sustained action plan” against such properties, the CBDT said on Monday. Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said that the I-T department would continue taking “strong” action against benami asset holders under its sustained action plan and that this action “|will not stop”. “I can assure you that this probe will not end. We are obtaining more data and information from all available avenues on such assets.

More such instances and assets will be identified and strong legal

action will be taken,” he said. Official data, updated till October, shows that assets worth Rs 1,833 crore have been attached by the I-T department, for which it issued over 517 notices and made 541 attachments. The maximum of such cases, at 136, have been booked in the Ahmedabad region, followed by Bhopal (93), Karnataka and Goa (76), Chennai (72), Jaipur (62), Mumbai (61) and Delhi (55).

Prime Minister Narendra Modi, during a recent election rally in Himachal Pradesh, also hinted at a sustained crackdown on 'benami' properties.          

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