• search
For Quick Alerts
For Daily Alerts

I-T dept attaches Rs 225 cr worth assets to tax evasion probe against ex-Mayawati secy, associates


New Delhi, Mar 20: The Income Tax department has attached assets worth Rs 225 crore of retired Uttar Pradesh IAS officer Net Ram and his associates as part of an alleged tax evasion probe against them, officials said on Wednesday.

Retired IAS Officer Net Ram

They said a provisional order under section 132(9B) (power to attach) of the I-T Act has been issued and 20 immovable assets in Delhi, Mumbai, Noida and Kolkata have been attached and three luxury cars found at the residence of the officer in Lucknow have been impounded. Cash worth over Rs 1.64 crore, Montblanc pens valued at Rs 50 lakh, four luxury SUVs and documents indicating 'benami' assets of Rs 300 crore were recovered during income tax raids on the premises linked to the retired IAS officer, who served in top positions during Mayawati's chief ministership, last week.

[Mayawati's former secretary raided by Income Tax dept]

IT department officials had swooped down on a dozen premises linked to the 1979-batch Indian Administrative Service officer on March 12 after it obtained "credible inputs" that the former top bureaucrat and his associates have made "accommodation or bogus entries of about Rs 95 crore from Kolkata-based shell firms" in the past.

Net Ram was secretary to Mayawati when she was Uttar Pradesh chief minister during 2002-03, her third stint in power in the state. The officer had served in various capacities in UP, including heading the excise, sugar industries and cane department, stamp and registration, food and civil supplies department.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more