Huge Aid For Ajit Pawar As I-T Division Releases Seized Property In Benami Case | India Information

Huge Aid For Ajit Pawar As I-T Division Releases Seized Property In Benami Case | India Information

New Delhi: The tenure of Maharashtra Deputy Chief Minister Ajit Pawar has begun on a optimistic word. Bringing large reduction to the NCP chief, the Prevention of Benami Property Transactions Appellate Tribunal has dismissed prices of benami property possession in opposition to him and his household. Following the tribunal’s verdict, the Revenue Tax Division has cleared his properties price over Rs 1,000 crore in a benami case, seized through the 2021 investigation.

The tribunal’s ruling comes a day after Ajit Pawar took oath as Maharashtra Deputy CM together with Shiv Sena’s Eknath Shinde at Mumbai’s Azad Maidan, through the swearing-in of Devendra Fadnavis as Chief Minister.

The tribunal discovered no substantial proof to assist claims of benami possession and concluded that each one the funds for the ‘properties in query’ had been made through legit channels and therefore they had been being cleared of the benami prices. “There is no such thing as a proof to counsel that Ajit Pawar or his household transferred funds to accumulate benami properties,” the tribunal said.

Advocate Prashant Patil, who represented NCP chief and his household within the benami case refuted all the costs and dismissed them as baseless and motivated. He’s additionally understood to have shared particulars of transactions to show that there was nothing unlawful and the whole lot was performed through banking channels.

Notably, the I-T Division had carried out a number of raids in 2021 throughout a number of places, a few of which had been linked to NCP chief Ajit Pawar. The crackdown included searches on the residence and workplace of these linked to Ajit Pawar, together with his kinfolk and shut aides within the metropolis and adjoining cities.

Following the raids, a few properties together with a sugar manufacturing unit in Satara, a flat in Delhi and a resort in Goa had been hooked up within the case. The I-T Division had hooked up properties valued at over Rs 1,000 crore below the Prohibition of Benami Properties Prevention Act (PBPP).

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