I-T dept starts inquiries at firms linked to Gadkariís group

Jan 23 2013, 04:06 IST
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SummaryThe Income-Tax Department on Tuesday launched on-field inquiries at around nine locations in Mumbai belonging to alleged shell companies related to Nitin Gadkari's Purti Group, a day before he seeks a second straight term as BJP president.

The Income-Tax Department on Tuesday launched on-field inquiries at around nine locations in Mumbai belonging to alleged shell companies related to Nitin Gadkari's Purti Group, a day before he seeks a second straight term as BJP president.

Sources in the IT department said the exercise by its investigation wing was in continuation of the earlier searches carried out at the shell companies (entities which serve as a vehicle for business transactions without themselves having any significant assets or operations) related to Purti Group in Mumbai.

ďWe are verifying the addresses of the companies, the nature of the business and (whether) do they really exist," an IT source said.

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