IT dept to attach props of this leader, know here

Income Tax authorities are proceeding to attach properties of one Netram.

The attachment proceedings were followed by a last week raids.

IT department suspects that while valuation of these properties in the books is at around Rs 100 cr, the actual purchase value of these 20
properties is around Rs 225 cr.

It is learnt that the IT dept will attach these properties under section 132(9) of IT Act.

The properties are situated in Delhi, Mumbai, Kolkata, and Noida.

Netram is also said to be connected to a well known political figure.

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