Maharashtra Dy CM Ajit Pawar cleared of Benami costs, IT dept releases seized properties

Maharashtra Dy CM Ajit Pawar cleared of Benami costs, IT dept releases seized properties

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HomeIndia NewsMaharashtra Dy CM Ajit Pawar cleared of Benami costs, IT dept releases seized properties

Private investigator near me: Following the tribunal’s ruling, the Earnings Tax Division on Friday, December 6, cleared properties valued at over ₹1,000 crore that were seized all over a 2021 investigation.

By Anushka Sharma  December 7, 2024, 12:19:26 AM IST (Published)

In a significant relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Prevention of Benami Property Transactions Appellate Tribunal has dismissed allegations of benami property ownership against him and his household. Following the tribunal’s ruling, the Earnings Tax Division on Friday, December 6, cleared properties valued at over ₹1,000 crore that were seized all over a 2021 investigation.

The case dates back to October 7, 2021, when the Earnings Tax Division performed searches at several areas linked to Ajit Pawar and his household, alleging that they held sources through benami transactions. The connected properties included Jarandeshwar Sugar Factory in Satara, a resort in Goa, a flat in Delhi, and more than one land parcels across Maharashtra.

In its verdict, the tribunal chanced on no substantial evidence to augment claims of benami ownership. It said that each payments for the properties in inquire of were made through legit monetary channels, either through bank transfers or diverse staunch methodology.

The tribunal extra clarified, “There is now not this sort of thing as a evidence to imply that Ajit Pawar or his household transferred funds to fetch benami properties.”

Representing Pawar, Recommend Prashant Patil argued that the household had no longer dedicated any wrongdoing, and the allegations were baseless and lacked staunch standing underneath the Prohibition of Benami Property Transactions Act. He identified that each property transactions were applied through legit channels, including banking methods, and there were no irregularities in the tips offered. The tribunal emphasised that the subject cloth produced by the Earnings Tax Division did now not place any link between the Pawar household and benami properties.

The tribunal’s ruling came supreme a day after Ajit Pawar took oath as Maharashtra’s Deputy Chief Minister, following political negotiations within the Mahayuti alliance after their electoral victory.

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