Tehelka case: Functioning of Tarun Tejpal firm Anant Media to be probed by CBDT, share transfers under watch

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The functioning of Anant Media Pvt Ltd, the flagship company owned by Tarun Tejpal, has come under scanner of the authorities. The functioning of Anant Media Pvt Ltd, the flagship company owned by Tarun Tejpal, has come under scanner of the authorities.
SummaryThe rate at which the shares of Anant Media were sold was not declared by the company.

Enlightened Consultancy Pvt Ltd, which the tax authorities have described as “purportedly a paper company”, and others in the shares of Anant Media.

* The officers assessing those who transferred shares of Anant Media have been advised to initiate proceedings to bring to tax any capital gains arising from such transfer.

Officials said that following the initial scrutiny, notices were being sent to the company and shareholders to explain the transfer of shares and resale of shares at a high premium to companies and individuals, which purportedly exist only on paper.

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