India

Relief For Maharashtra Dy CM Ajit Pawar As I-T Dept Releases Seized Assets In Benami Case

Maharashtra Deputy Chief Minister Ajit Pawar received a major boost in Benami case as the Prevention of Benami Property Transactions Appellate Tribunal dismissed the benami property charges against him and his family.

Following the tribunal’s verdict, the Income Tax (I-T) Department has released properties worth over Rs 1,000 crore that were seized during a 2021 investigation.

The tribunal’s ruling came just a day after Ajit Pawar took office as Deputy Chief Minister of Maharashtra, alongside Shiv Sena’s Eknath Shinde and Devendra Fadnavis as Chief Minister, in a ceremony at Mumbai’s Azad Maidan.

Also Read: Violent Saturday in Delhi: Businessman Shot Dead, Man Dies From Stab Wounds

The tribunal found no evidence supporting claims of benami property ownership. It ruled that all payments for the disputed properties were made through legitimate channels, clearing Pawar and his family of any wrongdoing.

“There is no evidence to suggest that Ajit Pawar or his family transferred funds to acquire benami properties,” the tribunal stated.

Ajit Pawar’s lawyer, Prashant Patil, strongly refuted the charges, calling them baseless and motivated. He also provided evidence of legal transactions conducted through banking channels.

In 2021, the I-T Department had raided multiple locations linked to Ajit Pawar, including his residence, office, and properties of his relatives and aides. The raids led to the attachment of several assets, including a sugar factory in Satara, a flat in Delhi, and a resort in Goa.

The I-T Department had previously attached these properties under the Prohibition of Benami Properties Prevention Act (PBPP), totaling over Rs 1,000 crore.

Shibra Arshad

Recent Posts

PM Modi Gifts Eco-Friendly Wooden Alphabet Set To Mirabel Rose Vance

During his diplomatic visit to the United States, Prime Minister Narendra Modi presented an eco-friendly…

2 hours ago

PM Modi Gifts Indian Folk Art Jigsaw Puzzle, Wooden Toy To Vance Family

The puzzle includes Madhubani Painting from Bihar, celebrated for its intricate patterns, bright colors, and…

2 hours ago

PM Modi Gifts Exquisite Silver Hand-Engraved Mirror To First Lady Of France

As part of his diplomatic visit to France, Prime Minister Narendra Modi presented a beautifully…

2 hours ago

PM Modi Wraps Up Historic Visit To France, President Macron Sees Him Off

Prime Minister Narendra Modi has concluded his highly productive three-day visit to France, marking the…

2 hours ago

Adani Group Launches Largest Skill Development Program Under ‘Make In India’ Initiative

In a significant move to strengthen India's workforce, Adani Group has unveiled its largest-ever skill…

4 hours ago

India’s CPI Inflation Drops To 5-Month Low Of 4.31% In January

India's retail inflation, based on the Consumer Price Index (CPI), eased to 4.31% in January,…

4 hours ago