Gujarat Income Tax Raids Silver Oak University To Unearth Tax Evasion  - Vibes Of India

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Gujarat Income Tax Raids Silver Oak University To Unearth Tax Evasion 

| Updated: September 7, 2022 20:15

The Income Tax department on Wednesday conducted a search and seizure operation at Silver Oak University in Ahmedabad. Income Tax officials began the search operation in the private university located in Gota. The president and directors of Silver Oak University–Shital Agrawal, Poonam Agrawal, Janak Khandwala & Sweta Khandwala–are also under the I-T scanner. The Income tax raid is still underway.

Income Tax officials asked the students and teachers to vacate the campus on Wednesday morning. Silver Oak was established in 2009. It has around 15000 students. The university offers courses in engineering, management, science, nursing, and other streams. 

Shital Agrawal, President
Poonam Agrawal, Vice Chairperson
Janak P. Khandwala, Vice President

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Protest Held By Silver Oak Students 

In January 2022, students of Silver Oak University (SOU) protested the management had fleeced over Rs 2.10 crore from them in the name of unlisted fee. Students had alleged that the authorities began charging enrolment fees two months after the college began. These enrolment charges were not listed in the formal fee papers provided to them.

Sweta J. Khandwala, Director
Silver Oak University Campus

Pan-India Income Tax Raids 

Meanwhile, the Income Tax department today also launched raids in multiple states as part of a tax evasion probe against registered unrecognised political parties (RUPP) and their alleged dubious funding, official sources said. The searches are being conducted in Gujarat, Delhi, Uttar Pradesh, Maharashtra, Haryana and some other states.

A coordinated action has been launched by the tax department against the registered unrecognised political parties, their linked entities, operators and others. The action is taken by the department on the recommendation of the Election Commission (EC) which recently struck off 87 entities from its list of registered unrecognised political parties after they were found non-existent during physical verification.

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