Pan-India Income Tax Raid: Silver Oak University Under I-T Radar For Tax Evasion - Vibes Of India

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Pan-India Income Tax Raid: Silver Oak University Under I-T Radar For Tax Evasion

| Updated: September 7, 2022 13:38

The Income Tax department on Wednesday conducted raids across multiple states in connection with a tax evasion probe against Registered Unrecognised Political Parties (RUPP) and other organisations their alleged for dubious funding. In Gujarat, over 40 locations are under the I-T radar including Ahmedabad, Surat, Vadodara and Rajkot. Private university Silver Oak is also under Income Tax radar for tax evasion. Shital Agrawal is the president of the private university. The university is located in Gota, Ahmedabad. 

Income Tax officials reached Silver Oak University campus on Wednesday morning to conduct the search and seizure operation.

The raid is undertaken on the recommendation of the Election Commission (EC) which recently struck off 87 entities from its list of RUPP after they were found non-existent during physical verification. Sources claim that RUPP were used as a medium to convert black money into white and therefore the search operation is of utmost importance.

Shital Agrawal, President, Silver Oak University

According to official sources, the raids were underway in over 100 locations across Gujarat, Delhi, Uttar Pradesh, Maharashtra, Haryana and some other states. A coordinated action has been launched by the tax department against the RUPPs, their linked entities, operators and others, the sources said.

Silver Oak University, Ahmedabad is under I-T radar

Over 2100 political parties under radar 

The poll panel had announced that it was taking action against more than 2,100 registered unrecognised political parties for flouting rules and election laws, including those related to the filing of monetary contributions, failing to update their address and names of office bearers.

Earlier, the Enforcement Directorate (ED) conducted raids at multiple locations across the country in connection with the Delhi Excise policy scam case. These raids were carried out at more than 30 locations, including in Delhi, Lucknow, Gurugram, Chandigarh, Mumbai, Hyderabad and some other locations. 

The investigation is still underway.

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