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Regular-article-logo Thursday, 25 April 2024

Congress leader Kuldeep Bishnoi's hotel attached by taxmen

Bishnoi and Chander Mohan, sons of late Congress Haryana chief minister Bhajan Lal, were searched for alleged tax evasion

The Telegraph New Delhi Published 27.08.19, 08:00 AM
Income tax department sources said their probe found that 34 per cent shares in the company are held in the name of a "front" company registered on the British Virgin Island and which was operated from the UAE.

Income tax department sources said their probe found that 34 per cent shares in the company are held in the name of a "front" company registered on the British Virgin Island and which was operated from the UAE. iStock

A Rs 150-crore worth hotel in a prime business space of Gurgaon has been attached by the Income-tax department, which considers it to be a 'benami' asset of Haryana Congress leader Kuldeep Bishnoi and his brother, officials said on Tuesday.

They said the department's Delhi-based anti-benami unit has issued an order for attachment of the hotel property under Section 24(3) of the Prohibition of Benami Property Transactions Act, 1988.

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The hotel, as per the order accessed by PTI, is owned in the name of a company called Bright Star Hotel Private Ltd.

The latest action by the department has come in the backdrop of raids on 13 premises linked to Bishnoi in Haryana, Delhi and Himachal Pradesh on July 23 on charge of tax evasion.

I-T sources said their probe found that 34 per cent shares in the company are held in the name of a 'front' company registered on the British Virgin Island (BVI) being operated from the UAE.

The said hotel entity, they said, and properties held by it are 'the benami assets of Kuldeep Bishnoi and Chander Mohan (Bishnoi's brother) .'

Benami properties are those in which the real beneficiary is not the one in whose name the property has been purchased.

The two brothers are sons of late former Haryana chief minister Bhajan Lal. While Bishnoi is a Congress MLA from the Adampur constituency, Mohan is a former deputy chief mnister.

Sources, quoting the I-T order, said benami shareholders of the BVI entity are 'close confidantes' of the Bishnoi family.

Violators of the anti-benami law, enacted in 1988 but implemented from November 2016 by the Modi government, attract rigorous imprisonment of up to seven years and fine up to 25 per cent of the fair market value of the property.

The Act allows for prosecution of the beneficial owner, the benamidar, the abettor and the inducer to benami transactions. It also says that the assets held benami after final prosecution are liable for confiscation by the government without payment of compensation.

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