Diamond merchants face income tax raid after hosting Narendra Modi

BJP leader Raj Purohit alleged that these raids were politically motivated, saying big diamond merchants who hosted Modi’s function were raided.

Diamond merchants face income tax raid after hosting Narendra Modi
MUMBAI: Three days after BJP's Prime Ministerial candidate Narendra Modi told diamond merchants in Mumbai that they run the risk of receiving notices from the I-T department for hosting him, the tax officials did just that: they carried out search operations at offices of several diamond merchants in the city on Thursday.


BJP leader Raj Purohit alleged that these raids were politically motivated, saying eight to ten big diamond merchants who hosted Modi’s function at the Bandra Kurla complex were raided by the taxmen from noon onwards. “These raids are happening because the diamond merchants have hosted Modi recently and Rajnath Singh in the past. We have nothing against the officers, they are just following orders, but their political masters are making them do all these things – that’s condemnable,” Purohit told ET.

According to the BJP leader, teams of IT officers raided the Pancharatna Building and Prasad Chambers in Mumbai and inspected documents, while others fanned out to offices in BKC and Goregaon.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Diamond merchants face income tax raid after hosting Narendra Modi
Text Size:AAA
Success
This article has been saved

*

+